IL SB3931

Creates the Community Housing Reintegration Fund to provide housing assistance for individuals transitioning out of long-term care facilities (nursing homes, developmental centers, group homes) into community-based housing, or those facing institutional placement due to lack of affordable accessible housing.

Increases the state real estate transfer tax from $0.50 to $0.75 per $500 of property value, effective July 1, 2026.

Allocates 32% of real estate transfer tax revenue to the new Community Reintegration Housing Fund starting July 1, 2026, reducing shares to existing funds (Illinois Affordable Housing Trust Fund drops from 50% to 34%, Open Space Lands Fund from 35% to 24%, Natural Areas Fund from 15% to 10%).

Eligible recipients include individuals in long-term care facilities where housing is the primary barrier to discharge, and those at or below 80% of area median income who are disabled, blind, over age 65, or eligible for SSI/Medicaid benefits.

Housing assistance will mirror the federal Section 8 voucher program, capping beneficiary housing costs at 30% of income and allowing portability between qualifying residences.