HB4590

Illinois HB4590 establishes a grant program offering up to $20,000 for first-time farm purchases.

Illinois HB4590 creates the Illinois Down Payment Assistant Grant Program, providing up to $20,000 grants for eligible applicants purchasing their first farm. Eligible applicants must be Illinois residents, demonstrate farming knowledge, earn less than $250,000 annually, and not own a farm previously. Priority is given to those earning less than $100,000 annually or producing specific crops. If more applicants apply than grants are available, recipients are chosen through a random lottery process, with priority to priority applicants.