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Karen Davis, deputy director of the Illinois Housing Development Authority, speaks at a bill signing event for a measure increasing tax incentives for building affordable housing in Illinois. She said 250,000 affordable housing units are needed in Illinois to meet demand.
Gov. JB Pritzker on Thursday signed a measure aimed at increasing affordable housing investment in Illinois, as well as a measure expanding the state’s low-income energy assistance program.
House Bill 2621 aims to create incentives for building and maintaining affordable housing projects through investment of federal funds and tax credits. Pritzker signed the bill at the Hope Manor II affordable apartment complex in the Englewood neighborhood on the South Side of Chicago.
Law aims to expand affordable housing through investment, tax credits
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New laws aim to expand affordable housing, low income energy programs
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Gov Pritzker Signs Landmark Legislation Expanding Affordable Housing Funding And Incentives
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