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IL HB1436

IL HB1436
IHDA-HOUSING HARDSHIP PROGRAM


summary

Introduced
01/17/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Housing Development Act. Requires the Illinois Housing Development Authority to establish and administer a Housing Hardship Program to provide up to 3 months of emergency rental or mortgage assistance or up to $1,600 per month for 3 months, whichever is less, to eligible applicants who demonstrate a hardship or other extenuating circumstances that place them at risk of eviction or foreclosure. Lists certain financial hardships that qualify for assistance under the program. Provides that applicants may apply for assistance once every 2 years regardless of household income. Requires applicants to submit a financial affidavit supported by banking statements and other documentary evidence as prescribed by the Authority. Requires the Authority to provide assistance to eligible applicants based upon the following factors in order of priority: (1) Whether the applicant has never previously received housing or public assistance from any other State or federal program. (2) If the applicant has previously received housing or public assistance, the number of times the applicant received such assistance. (3) The severity of the applicant's declared hardship or circumstances. Amends the State Finance Act. Creates the Housing Hardship Program Fund.

AI Summary

This bill establishes the Housing Hardship Program through the Illinois Housing Development Authority (IHDA) to provide emergency rental or mortgage assistance to individuals experiencing significant financial challenges. The program will offer up to 3 months of assistance, with a maximum of $1,600 per month, to eligible applicants facing specific hardships such as recent divorce, job loss, income reduction, unexpected funeral expenses, short-term disability, unpaid medical leave, or substantial medical debt. Applicants can only apply once every two years, regardless of household income, and must submit a financial affidavit with supporting documentation like bank statements. The Authority will prioritize assistance based on whether the applicant has previously received housing or public assistance, with preference given to those who have never received such aid. The program will be funded through a newly created Housing Hardship Program Fund in the state treasury, which will consist of appropriated moneys and any interest earned. Applicants will be carefully vetted, and those with suspicious large fund withdrawals prior to application may be deemed ineligible, ensuring that the assistance is directed to those most in genuine need of support.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)

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