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SB 1927

$IHDA-MID-INCOME HOUSING GRANT

104th Regular Session Introduced by Cristina Castro and 3 co-sponsors

One-time $10 million to IHDA to fund the Illinois Middle-Income Housing Grant Pilot Program; eligibility and awards criteria to be set by IHDA.

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Bill Summary · SB 1927

SB 1927 — $IHDA — Illinois Middle‑Income Housing Grant (2025)

Summary / Purpose

SB 1927 appropriates $10,000,000 from the Illinois General Revenue Fund to the Illinois Housing Development Authority (IHDA) to fund the "Illinois Middle‑Income Housing Grant Pilot Program." The bill's stated intent is to provide a dedicated sum to support a pilot program aimed at middle‑income housing needs in Illinois. The act takes effect July 1, 2025.

Key provisions

  • Appropriation: $10,000,000 (or so much as may be necessary) is appropriated from the General Revenue Fund.
  • Recipient/Administrator: Funds are directed to the Illinois Housing Development Authority (IHDA).
  • Purpose: For the "Illinois Middle‑Income Housing Grant Pilot Program" (the bill text does not specify program rules, eligibility criteria, grant size, duration, or implementation details).
  • Effective date: July 1, 2025.

Funding and fiscal impact

  • Source: General Revenue Fund.
  • Amount: $10,000,000 one‑time appropriation. No additional budgetary details or ongoing funding obligations are included in the bill text.

Who would be affected

  • IHDA: Responsible for receiving and administering the pilot program funds.
  • Potential beneficiaries (not defined in the bill): Typically could include middle‑income households, housing developers, nonprofit housing organizations, or local governments—depending on how IHDA designs the pilot and publishes eligibility/award criteria. Because SB 1927 contains only the appropriation, specific beneficiaries and program mechanics would be established by IHDA or by accompanying implementing guidance, rules, or separate legislation.

Legislative status and timeline (selected actions)

  • Introduced: February 6 / March 5, 2025 (filed/received dates listed).
  • Passed Senate: Read 3rd time and passed (record votes) — April 16, 2025; reported engrossed.
  • Received from the Senate / Referred to House committees: March–April 2025 (referred to Local Government, then Land & Resource Management; considered in committee; reported favorably as substituted).
  • Committee activity: Public hearings and committee reports in April–May 2025; placed on General State Calendar (May 26, 2025).
  • Current status (as of July 2, 2025): Pursuant to Senate Rule 3‑9(b), referred to Assignments.

Sponsors and related legislation

  • Primary sponsor: Sen. Michael W. Halpin.
  • Co‑sponsors: Sen. Paul Faraci (chief co-sponsor), Sen. David Koehler, Sen. Cristina Castro.
  • Companion bill: HB 3798.

Notes / Next steps

  • SB 1927 provides the appropriation but does not define program specifics. Implementation details (eligibility, application process, award criteria, performance metrics) will depend on IHDA rulemaking or additional legislation.
  • Interested stakeholders should monitor IHDA announcements, any implementing administrative rules, and companion/implementing bills (e.g., HB 3798) for details on how the $10 million will be allocated and administered.

Compiled from official sources — confirm details with the bill’s official record.

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