IDHA-MATCHING FUNDS

Session: 103rd General Assembly
Year: 2023
Bill #: HB3878
Category: Miscellaneous
Position: Support
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Illinois Housing Development Act. Provides that the Illinois Housing Development Authority may award State matching grants to sponsors who receive donations that qualify for the affordable housing tax credit. Provides that the grant may not exceed the amount of the tax credit claimed for the donation.



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