Bill Sponsors: IL SB3738 | 2009-2010 | 96th General Assembly
Bill Title: Amends the Illinois Housing Development Act to authorize the Illinois Housing Authority to establish and administer a foreclosure prevention counseling program using moneys in the Foreclosure Prevention Counseling Fund, appropriated for that purpose, to make grants to HUD-certified housing counseling agencies to support pre-purchase and post-purchase home ownership education and foreclosure prevention counseling. Amends the State Finance Act to create the Foreclosure Prevention Counseling Fund. Provides that 75% of the moneys in this Fund shall be used for housing counseling outside Chicago and 25% of the moneys shall be used for such counseling in Chicago. Effective immediately.
Spectrum: Partisan Bill (Democrat 13-0)
Status: (Engrossed - Dead) 2010-04-15 - Added Alternate Chief Co-Sponsor Rep. Al Riley [SB3738 Detail]
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 13-0)
Status: (Engrossed - Dead) 2010-04-15 - Added Alternate Chief Co-Sponsor Rep. Al Riley [SB3738 Detail]
Text: Latest bill text (Engrossed) [HTML]