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Cooperative Housing Fund

It became law on Jun 9, 2023.

IL SB 1484 · Senate Bill · 103rd

Stage
Became law
Started in
Senate
Sponsors
20
Latest action
Jun 9, 2023

What it does

Amends the State Finance Act. Creates the Cooperative Housing Fund as a special fund in the State treasury. Directs the Illinois Housing Development Authority to use appropriated moneys from the Fund to award grants to various organizations for cooperative housing developments. Allows only $5,000,000 in these grants to be issued by the Authority in each fiscal year. Defines "cooperative housing". Effective immediately.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 9, 2023

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Illinois.

Work with this bill

COOPERATIVE HOUSING FUND | 52