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IL HR0255

Resolution

Status

Introduced

4/3/2019

Primary Sponsor

Will Guzzardi

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Calls for allocating $1 billion in Illinois' next capital budget to affordable housing development across urban, suburban, and rural communities

  • Projects that $1 billion investment could build 10,000 affordable rental homes, create 16,000 jobs in the first year, and generate $755 million in taxes and $3.9 billion in local income over 15 years

  • Identifies critical housing needs including affordable homes for working families and seniors, supportive housing for homeless populations, accessible housing for people with disabilities, and memory care homes for Alzheimer's patients

  • References the 2009 capital budget precedent that allocated $145 million for affordable housing, resulting in 694 rental homes and leveraging $82.5 million in additional public and private resources

  • Directs copies of the resolution to the Governor, Capital Development Board, Housing Development Authority, and multiple state departments including Human Services, Transportation, Aging, and Veterans' Affairs

Legislative Description

AFFORDABLE HOUSING-INVESTMENT

Last Action

Rule 19(b) / Re-referred to Rules Committee

7/2/2019

Committee Referrals

Rules7/2/2019
Appropriations-Capital4/9/2019
Rules4/4/2019

Full Bill Text

No bill text available