state_legiscan_drain · IL
$DCEO-NEIGHBORHOOD HOUSING
January 29, 2026
Summary
If enacted, this bill would appropriate $5 million from Illinois' General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Neighborhood Housing Services of Chicago. The funds would support equitable mortgage lending, homebuyer subsidies, foreclosure prevention services, and other housing-related assistance. The appropriation takes effect July 1, 2026.
AI-generated summary · Jul 12, 2026. Verify with your compliance counsel before acting.
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Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=3009&GAID=18&DocTypeID=SB&SessionID=114&GA=104
Common questions
- What does "$DCEO-NEIGHBORHOOD HOUSING" cover?
- If enacted, this bill would appropriate $5 million from Illinois' General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant…
- When was it published?
- It was published on January 29, 2026.
Related updates
- OCC 2021-043 — AA-ENF-2021-45
- Mortgagee Letter 2026-03: Updates to Bidding at Foreclosure and Post-Foreclosure Sales Efforts
- Ocwen Financial Corp. order issued by the Division of Banking and find answers to frequently asked questions. (frequently asked questions)
- Agreed Order
- Mortgagee Letter 2026-06: Increase in the Maximum Number of Draw Requests for Limited 203(k) Rehabilitation Mortgage Insurance Program
- Mortgagee Letter 2026-02: Requirements for a Mortgagee’s Sale of a Beneficial Interest and Declaration of Trust Submission