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IL HB5614

IL HB5614
IHDA-HOUSING COUNSELING GRANTS


summary

Introduced
02/06/2026
In Committee
02/13/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority shall make grants to nonprofit corporations for housing counseling services, subject to appropriation for that purpose and in accordance with rules adopted by the Authority.

AI Summary

This bill amends the Illinois Housing Development Act to require the Illinois Housing Development Authority (IHDA), which is a state agency that helps finance affordable housing, to provide grants to nonprofit corporations for housing counseling services. These grants will be made available only if the state legislature appropriates the necessary funds and the IHDA establishes specific rules for how these grants will be awarded and used. Housing counseling services are important because they help individuals and families make informed decisions about their housing, such as understanding mortgages, preventing foreclosure, and finding affordable rental options.

Sponsors (1)

Last Action

Referred to Rules Committee (on 02/13/2026)

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