state_legiscan_drain · IL
$DCEO-COMMUNITY DESK
April 15, 2026
Summary
If enacted, this bill would appropriate $7,500,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Community Desk Chicago to support commercial real estate projects collectively owned by local residents and small businesses through a shared ownership model. The grant aims to foster community ownership of commercial properties. The bill is effective July 1, 2026.
Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=5745&GAID=18&DocTypeID=HB&SessionID=114&GA=104
Common questions
- What does "$DCEO-COMMUNITY DESK" cover?
- If enacted, this bill would appropriate $7,500,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to…
- When was it published?
- It was published on April 15, 2026.