state_legiscan_drain · IL
$DCEO-NEIGHBORHOOD HOUSING
January 16, 2026
Summary
If enacted, this bill would appropriate $5,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Neighborhood Housing Services of Chicago. The funds would support equitable mortgage lending, homebuyer subsidies, foreclosure prevention services, and other related assistance. While the bill does not impose new regulatory requirements, it would provide resources that affect mortgage lending and foreclosure prevention in Illinois.
Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=4484&GAID=18&DocTypeID=HB&SessionID=114&GA=104
Common questions
- What does "$DCEO-NEIGHBORHOOD HOUSING" cover?
- If enacted, this bill would appropriate $5,000,000 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 January 16, 2026.