Illinois General Assembly - Illinois Compiled Statutes

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310 ILCS 10/8.2

(310 ILCS 10/8.2) (from Ch. 67 1/2, par. 8.2)

Sec. 8.2. Projects; competitive bidding; arrangement with for-profit developer.

An Authority has power to prepare, carry out and operate
projects; to provide for the construction, reconstruction, improvement,
alteration or repair of any project or any part thereof; to take over by
purchase, lease, or otherwise any project undertaken by any government;
to act as agent for the Federal government in connection with the
acquisition, construction, operation, or management of a project or any
part thereof; to arrange with any government within the area of
operation for the furnishing, planning, replanning, opening or closing
of streets, roads, roadways, alleys, parks, or other places of public
facilities or for the acquisition by any government or any agency,
instrumentality or subdivision thereof, of property, options or property
rights or for the furnishing of property or services in connection with
a project; to function as an agency of the city, village, incorporated
town or county for which it is constituted an Authority and to act as an
agent (when so designated) for any government, with respect to matters
relating to housing and the purposes of this Act, including action for
the elimination of unsafe and unsanitary dwellings, the provision of
rental assistance, the clearing and redevelopment of blighted or slum
areas, the assembly of improved and unimproved land for development or
redevelopment purposes, the conservation and rehabilitation of existing
housing, and the provision of decent, safe and sanitary and affordable
housing accommodations, and to utilize any and all of its powers to assist
governments in any manner which will tend to further the objectives of this
Act; to assist through the exercise of the powers herein conferred any
individual, association, corporation or organization which presents a plan
for developing or redeveloping any property within the area of operation of
the Authority which will tend to provide decent, safe and sanitary and
affordable housing, or promote other uses essential to sound community growth.

In counties having a population of less than 1,000,000, any contract
in which State funds are used for repair, improvement or rehabilitation
of existing improvements that involves expenditures that meet the
requirements applicable to either federal or State programs shall be let by
free and competitive bidding to the lowest responsible bidder upon bond and
subject to regulations as may be set by the Department and with the written
approval of the Department. In the case of an emergency affecting the
public health or safety declared by a majority vote of the commissioners of
the Housing Authority, contracts may be let, to the extent necessary to
resolve an emergency, without public advertisement or competitive bidding.

In addition to the powers conferred by this Act and other laws concerning housing authorities, a Housing Authority in any municipality or county having a population in excess of 1,000,000 shall be authorized to participate as a partner or member of a partnership, limited liability company, joint venture, or other form of a business arrangement with a for-profit developer or non-profit developer and shall have all powers deemed necessary and appropriate to engage in the rehabilitation and development or ownership, or both development and ownership, of low-income and mixed-income rental and for-sale housing as a partner or member of a partnership, limited liability company, or joint venture.

(Source: P.A. 101-632, eff. 6-5-20.)