Illinois SB3009 allocates $5,000,000 to Neighborhood Housing Services of Chicago for equitable mortgage lending and homebuyer subsidies.
Illinois SB3009 appropriates $5,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Neighborhood Housing Services of Chicago. This funding supports equitable mortgage lending, homebuyer subsidies, and foreclosure prevention services. The act takes effect on July 1, 2026.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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