Illinois SB3962 mandates studies on fair lending, transit equity, and affordable housing in Sangamon County.
SB3962 requires the Illinois Department of Financial and Professional Regulation to study lending practices and borrower outcomes in Sangamon County, aiming to increase transparency and reduce disparities. The Illinois Housing Development Authority must conduct a housing and community revitalization study, focusing on equitable housing and community revitalization. The Department of Transportation is tasked with a transit equity analysis, mapping service coverage, and identifying gaps in service for vulnerable populations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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