Sen. Sara Feigenholtz
Filed: 3/19/2021
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1 | AMENDMENT TO SENATE BILL 330
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2 | AMENDMENT NO. ______. Amend Senate Bill 330 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Illinois Housing Development Act is | ||||||
5 | amended by adding Section 13.1 as follows: | ||||||
6 | (20 ILCS 3805/13.1 new) | ||||||
7 | Sec. 13.1. Form for local agencies. The Authority shall | ||||||
8 | develop a form and include it with the final financing | ||||||
9 | agreement that summarizes the terms of the financing | ||||||
10 | agreement, which should include the following: the length of | ||||||
11 | the affordability period guaranteed under the financing | ||||||
12 | agreement; a legal description; if then available, the address | ||||||
13 | and property index numbers for all applicable property | ||||||
14 | contemplated by the agreement; and any other information that | ||||||
15 | may be relevant for a local county assessor's office and local | ||||||
16 | county and municipal housing development authority to qualify |
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1 | or evidence eligibility for an applicable reduction in the | ||||||
2 | assessed value of an affordable rental housing. This form may | ||||||
3 | vary by county only if the Authority deems necessary. The | ||||||
4 | nonprofit corporation, housing corporation, limited-profit | ||||||
5 | entity, developer, or other entity receiving financing or | ||||||
6 | other assistance under this Act shall file the form with the | ||||||
7 | local county assessor's office and, where applicable, the | ||||||
8 | local county and municipal housing authority for the county in | ||||||
9 | which the property is located. No fees shall be levied against | ||||||
10 | the nonprofit corporation, housing corporation, limited-profit | ||||||
11 | entity, developer, or other entity for filing the form with | ||||||
12 | the county assessor's office of local housing authority. | ||||||
13 | Section 10. The Property Tax Code is amended by adding | ||||||
14 | Section 15-178 as follows: | ||||||
15 | (35 ILCS 200/15-178 new) | ||||||
16 | Sec. 15-178. Reduction in assessed value for affordable | ||||||
17 | rental housing construction or rehabilitation. | ||||||
18 | (a) The General Assembly finds that there is a shortage of | ||||||
19 | high quality affordable rental homes for low-income and | ||||||
20 | very-low-income households throughout Illinois; that owners | ||||||
21 | and developers of rental housing face significant challenges | ||||||
22 | building newly constructed apartments or undertaking | ||||||
23 | rehabilitation of existing properties that result in rents | ||||||
24 | that are affordable for low-income and very-low-income |
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1 | households; and that it will help Cook County and other parts | ||||||
2 | of Illinois address the extreme shortage of affordable rental | ||||||
3 | housing by developing a Statewide policy to determine the | ||||||
4 | assessed value for newly constructed and rehabilitated | ||||||
5 | affordable rental housing that both encourages investment and | ||||||
6 | incentivizes property owners to keep rents affordable. | ||||||
7 | (b) Any county with 3,000,000 or more inhabitants shall | ||||||
8 | implement a special assessment program to reduce the assessed | ||||||
9 | value of all eligible newly-constructed residential real | ||||||
10 | property or qualifying rehabilitation to all eligible existing | ||||||
11 | residential real property in accordance with subsection (c) | ||||||
12 | for 10 taxable years after the newly constructed residential | ||||||
13 | real property or improvements to existing residential real | ||||||
14 | property are put in service. Any county with less than | ||||||
15 | 3,000,000 inhabitants may decide not to implement this special | ||||||
16 | assessment program upon passage of an ordinance by a majority | ||||||
17 | vote of the county board. Subsequent to a vote to opt-out of | ||||||
18 | this special assessment program, any county with less than | ||||||
19 | 3,000,000 inhabitants may decide to implement this special | ||||||
20 | assessment program upon passage of an ordinance by a majority | ||||||
21 | vote of the county board. Property is eligible for the special | ||||||
22 | assessment program if and only if all of the following factors | ||||||
23 | have been met: | ||||||
24 | (1) the property consists of a newly-constructed | ||||||
25 | multifamily building containing 7 or more rental dwelling | ||||||
26 | units or an existing multifamily building that has |
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1 | undergone qualifying rehabilitation resulting in 7 or more | ||||||
2 | rental dwelling units; | ||||||
3 | (2) except as defined in subparagraphs (E), (F), and | ||||||
4 | (G) of paragraph (6) of subsection (d) of this Section, | ||||||
5 | prior to the newly-constructed residential real property | ||||||
6 | or improvements to existing residential real property | ||||||
7 | being put in service, the owner of the residential real | ||||||
8 | property commits that, for a period of 10 years, at least | ||||||
9 | 15% of the multifamily building's units will have rents as | ||||||
10 | defined in this Section that are at or below maximum rents | ||||||
11 | and are occupied by households with household incomes at | ||||||
12 | or below maximum income limits; and | ||||||
13 | (3) the property meets the application requirements | ||||||
14 | defined in subsection (d). | ||||||
15 | (c) The amount of the reduction shall be calculated as | ||||||
16 | follows: | ||||||
17 | (1) if the owner of the residential real property | ||||||
18 | commits for a period of at least 10 years that at least 15% | ||||||
19 | but fewer than 35% of the multifamily building's units | ||||||
20 | have rents at or below maximum rents and are occupied by | ||||||
21 | households with household incomes at or below maximum | ||||||
22 | income limits, the assessed value of the property used to | ||||||
23 | calculate the tax bill shall be reduced by an amount equal | ||||||
24 | to 25% of the assessed value of the property as initially | ||||||
25 | determined by the assessor for the property in the current | ||||||
26 | taxable year for the newly-constructed residential real |
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1 | property or based on the improvements to an existing | ||||||
2 | residential real property; and | ||||||
3 | (2) if the owner of the residential real property | ||||||
4 | commits for a period of at least 10 years that at least 35% | ||||||
5 | of the multifamily building's units have rents at or below | ||||||
6 | maximum rents and are occupied by households with | ||||||
7 | household incomes at or below maximum income limits, the | ||||||
8 | assessed value of the property used to calculate the tax | ||||||
9 | bill shall be reduced by an amount equal to 35% of the | ||||||
10 | assessed value of the property as initially determined by | ||||||
11 | the assessor for the property in the current assessment | ||||||
12 | year for the newly constructed residential real property | ||||||
13 | or based on the improvements to an existing residential | ||||||
14 | real property. | ||||||
15 | (d) Application requirements. | ||||||
16 | (1) In order to receive the reduced valuation under | ||||||
17 | this Section, the owner must submit an application | ||||||
18 | containing the following information to the chief county | ||||||
19 | assessment officer for review in the form required by the | ||||||
20 | chief county assessment officer: | ||||||
21 | (A) the owner's name; | ||||||
22 | (B) the postal address and permanent index number | ||||||
23 | or numbers of the parcel or parcels for which the owner | ||||||
24 | is applying to receive reduced valuation under this | ||||||
25 | Section; | ||||||
26 | (C) a deed or other instrument conveying the |
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1 | parcel or parcels to the current owner; | ||||||
2 | (D) written evidence that the new construction or | ||||||
3 | qualifying rehabilitation has been completed with | ||||||
4 | respect to the residential real property, including, | ||||||
5 | but not limited to, copies of building permits, a | ||||||
6 | notarized contractor's sworn affidavit, and | ||||||
7 | photographs of the interior and exterior of the | ||||||
8 | building after new construction or rehabilitation is | ||||||
9 | completed; | ||||||
10 | (E) written evidence that the residential real | ||||||
11 | property meets local building codes, or if there are | ||||||
12 | no local building codes, Housing Quality Standards, as | ||||||
13 | determined by the United States Department of Housing | ||||||
14 | and Urban Development; | ||||||
15 | (F) a list identifying the affordable units in | ||||||
16 | residential real property and a written statement that | ||||||
17 | the affordable units are comparable to the market rate | ||||||
18 | units in terms of unit type, number of bedrooms per | ||||||
19 | unit, quality of exterior appearance, energy | ||||||
20 | efficiency, and overall quality of construction; | ||||||
21 | (G) a written schedule certifying the rents in | ||||||
22 | each affordable unit and a written statement that | ||||||
23 | these rents do not exceed the maximum rents allowable | ||||||
24 | for the area in which the residential real property is | ||||||
25 | located; | ||||||
26 | (H) documentation from the administering agency |
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1 | verifying the owner's participation in a qualifying | ||||||
2 | income-based rental subsidy program as defined in | ||||||
3 | subsection (e) of this Section if units receiving | ||||||
4 | rental subsidies are to be counted among the | ||||||
5 | affordable units in order to meet the thresholds | ||||||
6 | defined in this Section; | ||||||
7 | (I) a written statement identifying the household | ||||||
8 | income for every household occupying an affordable | ||||||
9 | unit and certifying that the household income does not | ||||||
10 | exceed the maximum income limits allowable for the | ||||||
11 | area in which the residential real property is | ||||||
12 | located; | ||||||
13 | (J) a written statement that the owner has | ||||||
14 | verified and retained documentation of household | ||||||
15 | income for every household occupying an affordable | ||||||
16 | unit; and | ||||||
17 | (K) any additional information consistent with | ||||||
18 | this Section as reasonably required by the chief | ||||||
19 | county assessment officer, including, but not limited | ||||||
20 | to, any information necessary to ensure compliance | ||||||
21 | with applicable local ordinances and to ensure the | ||||||
22 | owner is complying with the provisions of this | ||||||
23 | Section. | ||||||
24 | (2) The application requirements contained in | ||||||
25 | subparagraphs (A), (B), (C), (F), (G), (H), (I), (J), and | ||||||
26 | (K) of paragraph (1) of this subsection (d) are continuing |
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1 | requirements for the duration of the reduction in assessed | ||||||
2 | value and may be annually or periodically verified by the | ||||||
3 | chief county assessment officer for the county in which | ||||||
4 | the reduced valuation is being issued. | ||||||
5 | (3) In lieu of submitting an application containing | ||||||
6 | the information prescribed in paragraph (1) of this | ||||||
7 | subsection (d), the chief county assessment officer may | ||||||
8 | allow for the submission of a substantially similar | ||||||
9 | certification granted by the Illinois Housing Development | ||||||
10 | Authority or a comparable local authority provided that | ||||||
11 | the chief county assessment officer independently verifies | ||||||
12 | the veracity of the certification with the Illinois | ||||||
13 | Housing Development Authority or comparable local | ||||||
14 | authority. | ||||||
15 | (4) The chief county assessment officer shall notify | ||||||
16 | the owner as to whether or not the property meets the | ||||||
17 | requirements of this Section. If the property does not | ||||||
18 | meet the requirements of this Section, the chief county | ||||||
19 | assessment officer shall provide written notice of any | ||||||
20 | deficiencies to the owner, who shall then have 30 days | ||||||
21 | from the date of notification to provide supplemental | ||||||
22 | information showing compliance with this Section. If the | ||||||
23 | owner does not exercise this right to cure the deficiency, | ||||||
24 | or if the information submitted, in the sole judgment of | ||||||
25 | the chief county assessment officer, is insufficient to | ||||||
26 | meet the requirements of this Section, the chief county |
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1 | assessment officer shall provide a written explanation of | ||||||
2 | the reasons for denial. | ||||||
3 | (5) The chief county assessment officer may charge a | ||||||
4 | reasonable application fee to offset the administrative | ||||||
5 | expenses associated with the program. | ||||||
6 | (6) The reduced valuation conferred by this Section is | ||||||
7 | limited as follows: | ||||||
8 | (A) The owner is eligible to apply for the reduced | ||||||
9 | valuation conferred by this Section beginning in the | ||||||
10 | first assessment cycle after the effective date of | ||||||
11 | this amendatory Act of the 102nd General Assembly | ||||||
12 | through December 31, 2031. If approved, the reduction | ||||||
13 | will be effective for the current assessment year, | ||||||
14 | which will be reflected in the tax bill issued in the | ||||||
15 | following calendar year. Owners that are approved for | ||||||
16 | the reduced valuation under this Section before | ||||||
17 | December 31, 2031 shall, at minimum, be eligible for | ||||||
18 | annual renewal of the reduced valuation during an | ||||||
19 | initial 10-year period if annual certification | ||||||
20 | requirements are met for each of the 10 years, as | ||||||
21 | described in subparagraph (B) of this paragraph (6) of | ||||||
22 | this Section until December 31, 2041. | ||||||
23 | (B) Property receiving a reduction outlined in | ||||||
24 | this Section shall continue to be eligible for an | ||||||
25 | initial period of up to 10 years if annual | ||||||
26 | certification requirements are met for each of the 10 |
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1 | years, but shall be extended for up to 2 additional | ||||||
2 | 10-year periods with annual renewals if the owner | ||||||
3 | continues to meet the requirements of this Section, | ||||||
4 | including annual certifications, and excluding the | ||||||
5 | requirements regarding new construction or qualifying | ||||||
6 | rehabilitation defined in subparagraph (D) of | ||||||
7 | paragraph (1) of this subsection. | ||||||
8 | (C) The annual certification materials in the year | ||||||
9 | prior to final year of eligibility for the reduction | ||||||
10 | in assessed value must include a dated copy of the | ||||||
11 | written notice provided to tenants informing them of | ||||||
12 | the date of the termination if the owner is not seeking | ||||||
13 | a renewal. | ||||||
14 | (D) If the property is sold or transferred, the | ||||||
15 | purchaser or transferee must comply with all | ||||||
16 | requirements of this Section, excluding the | ||||||
17 | requirements regarding new construction or qualifying | ||||||
18 | rehabilitation defined in subparagraph (D) of | ||||||
19 | paragraph (1) of this subsection, in order to continue | ||||||
20 | receiving the reduction in assessed value. Purchasers | ||||||
21 | and transferees who comply with all requirements of | ||||||
22 | this Section excluding the requirements regarding new | ||||||
23 | construction or qualifying rehabilitation defined in | ||||||
24 | subparagraph (D) of paragraph (1) of this subsection | ||||||
25 | are eligible to apply for renewal on the schedule set | ||||||
26 | by the initial application. |
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1 | (E) The owner may apply for the reduced valuation | ||||||
2 | if the residential real property meets all | ||||||
3 | requirements of this Section and the newly-constructed | ||||||
4 | residential real property or improvements to existing | ||||||
5 | residential real property were put in service on or | ||||||
6 | after January 1, 2015. However, the initial 10-year | ||||||
7 | eligibility period shall be reduced by the number of | ||||||
8 | years between the placed in service date and the date | ||||||
9 | the owner first receives this reduced valuation. | ||||||
10 | (F) The owner may apply for the reduced valuation | ||||||
11 | within 2 years after the newly-constructed residential | ||||||
12 | real property or improvements to existing residential | ||||||
13 | real property are put in service. However, the initial | ||||||
14 | 10 year eligibility period shall be reduced for the | ||||||
15 | number of years between the placed in service date and | ||||||
16 | the date the owner first receives this reduced | ||||||
17 | valuation. | ||||||
18 | (G) Owners of a multifamily building receiving a | ||||||
19 | reduced valuation through the Cook County Class 9 | ||||||
20 | program during the year in which this amendatory Act | ||||||
21 | of the 102nd General Assembly takes effect shall be | ||||||
22 | deemed automatically eligible for the reduced | ||||||
23 | valuation defined in this Section in terms of meeting | ||||||
24 | the criteria for new construction or substantial | ||||||
25 | rehabilitation for a specific multifamily building | ||||||
26 | regardless of when the newly-constructed residential |
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1 | real property or improvements to existing residential | ||||||
2 | real property were put in service. If a Cook County | ||||||
3 | Class 9 owner had Class 9 status revoked on or after | ||||||
4 | January 1, 2017 but can provide documents sufficient | ||||||
5 | to prove that the revocation was in error or any | ||||||
6 | deficiencies leading to the revocation have been | ||||||
7 | cured, the chief county assessment officer may deem | ||||||
8 | the owner to be eligible. However, owners may not | ||||||
9 | receive the both the reduced valuation under this | ||||||
10 | Section and the reduced valuation under the Cook | ||||||
11 | County Class 9 program in any single assessment year. | ||||||
12 | In addition, the number of years during which an owner | ||||||
13 | has participated in the Class 9 program shall count | ||||||
14 | against the number of remaining years eligible for the | ||||||
15 | reduced valuation as defined in this Section. | ||||||
16 | (H) At the completion of the assessment reduction | ||||||
17 | period described in this Section, the entire parcel | ||||||
18 | will be assessed as otherwise provided in State law. | ||||||
19 | (e) For the purposes of this Section, | ||||||
20 | "Affordable units" means units that have rents that do not | ||||||
21 | exceed the maximum rents as defined in this Section. | ||||||
22 | "Household income" includes the annual income for all the | ||||||
23 | people who occupy a housing unit that is anticipated to be | ||||||
24 | received from a source outside of the family during the | ||||||
25 | 12-month period following admission or the annual | ||||||
26 | recertification, including related family members and all the |
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1 | unrelated people who share the housing unit. Household income | ||||||
2 | includes the sum total of the following income sources: wages, | ||||||
3 | salaries and tips before any payroll deductions; net business | ||||||
4 | income; interest and dividends; payments in lieu of earnings, | ||||||
5 | such as unemployment and disability compensation, worker's | ||||||
6 | compensation and severance pay; Social Security income, | ||||||
7 | including lump sum payments; payments from insurance policies, | ||||||
8 | annuities, pensions, disability benefits and other types of | ||||||
9 | periodic payments, alimony, child support, and other regular | ||||||
10 | monetary contributions; and public assistance, except for | ||||||
11 | assistance from the Supplemental Nutrition Assistance Program | ||||||
12 | (SNAP). "Household income" does not include: earnings of | ||||||
13 | children under age 18; temporary income such as cash gifts; | ||||||
14 | reimbursement for medical expenses; lump sums from | ||||||
15 | inheritance, insurance payments, settlements for personal or | ||||||
16 | property losses; student financial assistance paid directly to | ||||||
17 | the student or to an educational institution; foster child | ||||||
18 | care payments; receipts from government-funded training | ||||||
19 | programs; assistance from the Supplemental Nutrition | ||||||
20 | Assistance Program (SNAP). | ||||||
21 | "Maximum income limits" means the maximum regular income | ||||||
22 | limits for 60% of area median income for the geographic area in | ||||||
23 | which the multifamily building is located for multifamily | ||||||
24 | programs as determined by the United States Department of | ||||||
25 | Housing and Urban Development and published annually by the | ||||||
26 | Illinois Housing Development Authority. |
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1 | "Maximum rent" means the maximum regular rent for 60% of | ||||||
2 | the area median income for the geographic area in which the | ||||||
3 | multifamily building is located for multifamily programs as | ||||||
4 | determined by the United States Department of Housing and | ||||||
5 | Urban Development and published annually by the Illinois | ||||||
6 | Housing Development Authority. To be eligible for the reduced | ||||||
7 | valuation defined in this Section, maximum rents are to be | ||||||
8 | consistent with the Illinois Housing Development Authority's | ||||||
9 | rules; or if the owner is leasing an affordable unit to a | ||||||
10 | household with an income at or below the maximum income limit | ||||||
11 | who is participating in qualifying income-based rental subsidy | ||||||
12 | program, "maximum rent" means the maximum rents allowable | ||||||
13 | under the guidelines of the qualifying income-based rental | ||||||
14 | subsidy program. | ||||||
15 | "Qualifying income-based rental subsidy program" means a | ||||||
16 | Housing Choice Voucher issued by a housing authority under | ||||||
17 | Section 8 of the United States Housing Act of 1937, a tenant | ||||||
18 | voucher converted to a project-based voucher by a housing | ||||||
19 | authority or any other program administered or funded by a | ||||||
20 | housing authority, the Illinois Housing Development Authority, | ||||||
21 | another State agency, a federal agency, or a unit of local | ||||||
22 | government where participation is limited to households with | ||||||
23 | incomes at or below the maximum income limits as defined in | ||||||
24 | this Section and the tenants' portion of the rent payment is | ||||||
25 | based on a percentage of their income or a flat amount that | ||||||
26 | does not exceed the maximum rent as defined in this Section. |
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1 | "Qualifying rehabilitation" means, at a minimum, | ||||||
2 | compliance with local building codes and the replacement or | ||||||
3 | renovation of at least 2 primary building systems. Although | ||||||
4 | the cost of each primary building system may vary, to be | ||||||
5 | approved for the reduced valuation under paragraph (1) of | ||||||
6 | subsection (c) of this Section, the combined expenditure for | ||||||
7 | making the building compliant with local codes and replacing | ||||||
8 | primary building systems must be at least $8 per square foot | ||||||
9 | for work completed between January 1 of the year in which this | ||||||
10 | amendatory Act of the 102nd General Assembly takes effect and | ||||||
11 | December 31 of the year in which this amendatory Act of the | ||||||
12 | 102nd General Assembly takes effect and in subsequent years, | ||||||
13 | $8 adjusted by the Consumer Price Index for All Urban | ||||||
14 | Consumers, as published annually by the U.S. Department of | ||||||
15 | Labor. To be approved for the reduced valuation under | ||||||
16 | paragraph (2) of subsection (c) of this Section, the combined | ||||||
17 | expenditure for making the building compliant with local codes | ||||||
18 | and replacing primary building systems must be at least $12.50 | ||||||
19 | per square foot for work completed between January 1 of the | ||||||
20 | year in which this amendatory Act of the 102nd General | ||||||
21 | Assembly takes effect and December 31 of the year in which this | ||||||
22 | amendatory Act of the 102nd General Assembly takes effect, and | ||||||
23 | in subsequent years, $12.50 adjusted by the Consumer Price | ||||||
24 | Index for All Urban Consumers, as published annually by the | ||||||
25 | U.S. Department of Labor. Primary building systems, together | ||||||
26 | with their related rehabilitations, specifically approved for |
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1 | this program are: | ||||||
2 | (1) Electrical. All electrical work must comply with | ||||||
3 | applicable codes; it may consist of a combination of any | ||||||
4 | of the following alternatives: | ||||||
5 | (A) installing individual equipment and appliance | ||||||
6 | branch circuits as required by code (the minimum being | ||||||
7 | a kitchen appliance branch circuit); | ||||||
8 | (B) installing a new emergency service, including | ||||||
9 | emergency lighting with all associated conduits and | ||||||
10 | wiring; | ||||||
11 | (C) rewiring all existing feeder conduits ("home | ||||||
12 | runs") from the main switchgear to apartment area | ||||||
13 | distribution panels; | ||||||
14 | (D) installing new in-wall conduits for | ||||||
15 | receptacles, switches, appliances, equipment, and | ||||||
16 | fixtures; | ||||||
17 | (E) replacing power wiring for receptacles, | ||||||
18 | switches, appliances, equipment, and fixtures; | ||||||
19 | (F) installing new light fixtures throughout the | ||||||
20 | building including closets and central areas; | ||||||
21 | (G) replacing, adding, or doing work as necessary | ||||||
22 | to bring all receptacles, switches, and other | ||||||
23 | electrical devices into code compliance; | ||||||
24 | (H) installing a new main service, including | ||||||
25 | conduit, cables into the building, and main disconnect | ||||||
26 | switch; and |
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1 | (I) installing new distribution panels, including | ||||||
2 | all panel wiring, terminals, circuit breakers, and all | ||||||
3 | other panel devices. | ||||||
4 | (2) Heating. All heating work must comply with | ||||||
5 | applicable codes; it may consist of a combination of any | ||||||
6 | of the following alternatives: | ||||||
7 | (A) installing a new system to replace one of the | ||||||
8 | following heat distribution systems: | ||||||
9 | (i) piping and heat radiating units, including | ||||||
10 | new main line venting and radiator venting; or | ||||||
11 | (ii) duct work, diffusers, and cold air | ||||||
12 | returns; or | ||||||
13 | (iii) any other type of existing heat | ||||||
14 | distribution and radiation/diffusion components; | ||||||
15 | or | ||||||
16 | (B) installing a new system to replace one of the | ||||||
17 | following heat generating units: | ||||||
18 | (i) hot water/steam boiler; | ||||||
19 | (ii) gas furnace; or | ||||||
20 | (iii) any other type of existing heat | ||||||
21 | generating unit. | ||||||
22 | (3) Plumbing. All plumbing work must comply with | ||||||
23 | applicable codes. Replace all or a part of the in-wall | ||||||
24 | supply and waste plumbing; however, main supply risers, | ||||||
25 | waste stacks and vents, and code-conforming waste lines | ||||||
26 | need not be replaced. |
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1 | (4) Roofing. All roofing work must comply with | ||||||
2 | applicable codes; it may consist of either of the | ||||||
3 | following alternatives, separately or in combination: | ||||||
4 | (A) replacing all rotted roof decks and | ||||||
5 | insulation; or | ||||||
6 | (B) replacing or repairing leaking roof membranes | ||||||
7 | (10% is the suggested minimum replacement of | ||||||
8 | membrane); restoration of the entire roof is an | ||||||
9 | acceptable substitute for membrane replacement. | ||||||
10 | (5) Exterior doors and windows. Replace the exterior | ||||||
11 | doors and windows. Renovation of ornate entry doors is an | ||||||
12 | acceptable substitute for replacement. | ||||||
13 | (6) Floors, walls, and ceilings. Finishes must be | ||||||
14 | replaced or covered over with new material. Acceptable | ||||||
15 | replacement or covering materials are as follows: | ||||||
16 | (A) floors must have new carpeting, vinyl tile, | ||||||
17 | ceramic, refurbished wood finish, or a similar | ||||||
18 | substitute; | ||||||
19 | (B) walls must have new drywall, including joint | ||||||
20 | taping and painting; or | ||||||
21 | (C) new ceilings must be either drywall, suspended | ||||||
22 | type, or a similar | ||||||
23 | (7) Exterior walls. | ||||||
24 | (A) replace loose or crumbling mortar and masonry | ||||||
25 | with new material; | ||||||
26 | (B) replace or paint wall siding and trim as |
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1 | needed; | ||||||
2 | (C) bring porches and balconies to a sound | ||||||
3 | condition; or | ||||||
4 | (D) any combination of (A), (B), and (C). | ||||||
5 | (8) Elevators. Where applicable, at least 4 of the | ||||||
6 | following 7 alternatives must be accomplished: | ||||||
7 | (A) replace or rebuild the machine room controls | ||||||
8 | and refurbish the elevator machine (or equivalent | ||||||
9 | mechanisms in the case of hydraulic elevators); | ||||||
10 | (B) replace hoistway electro-mechanical items | ||||||
11 | including: ropes, switches, limits, buffers, levelers, | ||||||
12 | and deflector sheaves (or equivalent mechanisms in the | ||||||
13 | case of hydraulic elevators); | ||||||
14 | (C) replace hoistway wiring; | ||||||
15 | (D) replace door operators and linkage; | ||||||
16 | (E) replace door panels at each opening; | ||||||
17 | (F) replace hall stations, car stations, and | ||||||
18 | signal fixtures; or | ||||||
19 | (G) rebuild the car shell and refinish the | ||||||
20 | interior. | ||||||
21 | (9) Health and safety. | ||||||
22 | (A) install or replace fire suppression systems; | ||||||
23 | (B) install or replace security systems; or | ||||||
24 | (C) environmental remediation of lead-based paint, | ||||||
25 | asbestos, leaking underground storage tanks, or radon. | ||||||
26 | (10) Energy conservation improvements undertaken to |
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1 | limit the amount of solar energy absorbed by a building's | ||||||
2 | roof or to reduce energy use for the property, including, | ||||||
3 | but not limited to, any of the following activities: | ||||||
4 | (A) installing or replacing reflective roof | ||||||
5 | coatings (flat roofs); | ||||||
6 | (B) installing or replacing R-49 roof insulation; | ||||||
7 | (C) installing or replacing R-19 perimeter wall | ||||||
8 | insulation; | ||||||
9 | (D) installing or replacing insulated entry doors; | ||||||
10 | (E) installing or replacing Low E, insulated | ||||||
11 | windows; | ||||||
12 | (F) installing or replacing WaterSense labeled | ||||||
13 | plumbing fixtures; | ||||||
14 | (G) installing or replacing 90% or better sealed | ||||||
15 | combustion heating systems; | ||||||
16 | (H) installing Energy Star hot water heaters; | ||||||
17 | (I) installing or replacing mechanical ventilation | ||||||
18 | to exterior for kitchens and baths; | ||||||
19 | (J) installing or replacing Energy Star | ||||||
20 | appliances; | ||||||
21 | (K) installing or replacing Energy Star certified | ||||||
22 | lighting in common areas; or | ||||||
23 | (L) installing or replacing grading and | ||||||
24 | landscaping to promote on-site water retention if the | ||||||
25 | retained water is used to replace water that is | ||||||
26 | provided from a municipal source. |
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1 | (11) Accessibility improvements. All accessibility | ||||||
2 | improvements must comply with applicable codes. An owner | ||||||
3 | may make accessibility improvements to residential real | ||||||
4 | property to increase access for people with disabilities. | ||||||
5 | As used in this paragraph (11), "disability" has the | ||||||
6 | meaning given to that term in the Illinois Human Rights | ||||||
7 | Act. As used in this paragraph (11), "accessibility | ||||||
8 | improvements" means a home modification listed under the | ||||||
9 | Home Services Program administered by the Department of | ||||||
10 | Human Services (Part 686 of Title 89 of the Illinois | ||||||
11 | Administrative Code) including, but not limited to: | ||||||
12 | installation of ramps, grab bars, or wheelchair lifts; | ||||||
13 | widening doorways or hallways; re-configuring rooms and | ||||||
14 | closets; and any other changes to enhance the independence | ||||||
15 | of people with disabilities. | ||||||
16 | (12) Any applicant who has purchased the property in | ||||||
17 | an arm's length transaction not more than 90 days before | ||||||
18 | applying for this reduced valuation may use the cost of | ||||||
19 | rehabilitation or repairs required by documented code | ||||||
20 | violations, up to a maximum of $2 per square foot, to meet | ||||||
21 | the qualifying rehabilitation requirements. | ||||||
22 | Section 99. Effective date. This Act takes effect upon | ||||||
23 | becoming law.".
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