Illinois SB1762 allocates $10,000,000 for grants to local governments to demolish or repair commercial buildings.
Illinois SB1762 appropriates $10,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity. This funding is intended for grants to local governments to demolish or repair commercial buildings that are detrimental to public health or safety due to dilapidation, obsolescence, deterioration, or failure to meet building code standards. The act takes effect immediately upon becoming law.
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