Full Text of SJR0030 97th General Assembly
SJ0030eng 97TH GENERAL ASSEMBLY |
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| 1 | | SENATE JOINT RESOLUTION NO. 30 | 2 | | (As Amended by Senate Amendment Nos. 1 & 2)
| 3 | | WHEREAS, The astronomical number of vacant homes and "for | 4 | | sale" signs in Illinois communities reveal the dramatic impact | 5 | | the current economic crisis has had on homeowners throughout | 6 | | this State; and | 7 | | WHEREAS, In the third quarter of 2010, Illinois posted the | 8 | | nation's fourth largest foreclosure activity total, with | 9 | | 47,802 properties receiving foreclosure filings, according to | 10 | | Realty Trac; and | 11 | | WHEREAS, The foreclosure and housing crisis is a setback in | 12 | | years of gains Illinoisans had achieved in the frontiers of | 13 | | homeownership and wealth creation; for the first time, there | 14 | | seems to be a regressive pattern where homeowners are moving | 15 | | towards becoming homeless; these alarming statistics are the | 16 | | impetus for public intervention that will examine and provide | 17 | | direction on the residential mortgage foreclosure crisis and | 18 | | housing availability in this State; and | 19 | | WHEREAS, Communities throughout this State are in need of | 20 | | additional resources to creatively respond to the detrimental | 21 | | issues caused by the enormous tide of foreclosures and the | 22 | | housing crisis; and |
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| 1 | | WHEREAS, The Comprehensive Housing Planning Act created | 2 | | the State Housing Task Force, which is charged with creating a | 3 | | comprehensive and unified policy for the allocation of | 4 | | resources for affordable housing and supportive services for | 5 | | historically underserved populations throughout the State, in | 6 | | order to accomplish the following: | 7 | | (1) address the need to make available quality housing at a | 8 | | variety of price points in communities throughout the State; | 9 | | (2) overcome the shortage of affordable housing, which | 10 | | threatens the viability of many communities; | 11 | | (3) meet the need for safe, sanitary, and accessible | 12 | | affordable housing and supportive services for people with | 13 | | disabilities; | 14 | | (4) promote a full range of quality housing choices near | 15 | | jobs, transit, and other amenities; | 16 | | (5) meet the needs of constituencies that have been | 17 | | historically underserved and segregated due to barriers and | 18 | | trends in the existing housing market or insufficient | 19 | | resources; | 20 | | (6) facilitate the preservation of ownership of existing | 21 | | homes and rental housing in communities; | 22 | | (7) create new housing opportunities and, where | 23 | | appropriate, promote mixed-income communities; and | 24 | | (8) encourage development of State incentives for | 25 | | communities to create a mix of housing to meet the needs of |
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| 1 | | current and future residents; and | 2 | | WHEREAS, The State of Illinois' Annual 2011 Comprehensive | 3 | | Housing Plan published by the State Housing Task Force | 4 | | prioritizes foreclosure prevention and mitigation; and | 5 | | WHEREAS, The duties of the State Housing Task Force clearly | 6 | | encompass the ability to study and make recommendations on the | 7 | | impact of foreclosures on Illinois residents and communities; | 8 | | and
| 9 | | WHEREAS, Recognizing the solutions to the foreclosure | 10 | | crisis are as complex as the issue, there is a pressing need | 11 | | for the State Housing Task Force to pursue strategies advancing | 12 | | foreclosure prevention, mitigation, and actions to redevelop | 13 | | impacted communities; therefore, be it
| 14 | | RESOLVED, BY THE SENATE OF THE NINETY-SEVENTH GENERAL | 15 | | ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES | 16 | | CONCURRING HEREIN, that the Task Force shall meet to organize | 17 | | and select a Foreclosure Prevention and Mitigation Working | 18 | | Group (the "Foreclosure Working Group"), of which the | 19 | | chairperson shall be the Executive Director of the Illinois | 20 | | Housing Development Authority or a designee and the | 21 | | co-chairperson will be a non-governmental Foreclosure Working | 22 | | Group member elected by the Foreclosure Working Group; and be |
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| 1 | | it further
| 2 | | RESOLVED, That the Foreclosure Working Group shall be | 3 | | comprised of a range of constituencies and stakeholders that | 4 | | can contribute to the study of the foreclosure crisis and | 5 | | formulate recommendations to address the impact of foreclosure | 6 | | on communities, and may include Task Force members and | 7 | | additional experts to provide a thorough and comprehensive | 8 | | foreclosure prevention, mitigation and impact strategy; the | 9 | | members shall be, with vacancies to be filled in the same | 10 | | manner as original selections, as follows: | 11 | | (1) one member of the Senate appointed by the President of | 12 | | the Senate and one member of the Senate appointed by the | 13 | | Minority Leader of the Senate; | 14 | | (2) one member of the House of Representatives appointed by | 15 | | the Speaker of the House of Representatives, and one member of | 16 | | the House of Representatives appointed by the Minority Leader | 17 | | of the House of Representatives; | 18 | | (3) representatives of the housing industry, | 19 | | not-for-profit community, and private financial institutions | 20 | | appointed by the Task Force with at least: | 21 | | (A) two representatives of certified HUD housing | 22 | | organizations that provides services to homeowners at risk | 23 | | of losing their home to foreclosure; | 24 | | (B) one representative from academia with a background | 25 | | or expertise in housing trends and financial regulations; |
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| 1 | | (C) one representative of a non-profit legal | 2 | | organization that has experience with the foreclosure | 3 | | process;
| 4 | | (D) one person with a background in affordable housing | 5 | | issues; | 6 | | (E) two persons with a background in housing policy and | 7 | | research; | 8 | | (F) one homeowner who has been impacted by the | 9 | | foreclosure crisis in Illinois; and | 10 | | (G) one representative of a local financial or lending | 11 | | institution; | 12 | | (4) representatives of governmental agencies familiar with | 13 | | the foreclosure and housing crisis appointed by the Task Force: | 14 | | (A) one representative of the Division of Banking | 15 | | within the Department of Financial and Professional | 16 | | Regulation; | 17 | | (B) one representative of the Illinois Housing | 18 | | Development Authority's Neighborhood Stabilization | 19 | | Program; | 20 | | (C) one representative of the Office of the Attorney | 21 | | General that works directly with housing subprime lending | 22 | | patterns and the foreclosure mitigation process; and | 23 | | (D) one representative of the Department of Human | 24 | | Services' Homeless Prevention Program; and be it further
| 25 | | RESOLVED, That the Foreclosure Working Group will serve for |
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| 1 | | a period of not less than 2 years from the date of the first | 2 | | Working Group meeting; and may continue to serve for an | 3 | | extended period at the recommendation of the Working Group | 4 | | members based on the need to address foreclosure prevention, | 5 | | mitigation, and impact issues; and be it further | 6 | | RESOLVED, That the Working Group shall meet at least 4 | 7 | | times a year at the call of the chairperson; members of the | 8 | | Foreclosure Working Group shall serve without compensation. | 9 | | Members of the State Housing Task Force may be reimbursed for | 10 | | reasonable expenses incurred as a result of their duties as | 11 | | members of the Task Force from funds appropriated by the | 12 | | General Assembly for that purpose; and be it further | 13 | | RESOLVED, That the Illinois Housing Development Authority | 14 | | shall provide staffing, administrative, and financial support | 15 | | to the Foreclosure Working Group; and be it further | 16 | | RESOLVED, That the duties of the Foreclosure Working Group | 17 | | shall include all of the following: | 18 | | (1) monitor the emerging housing problems in Illinois and | 19 | | make recommendations concerning these issues; and | 20 | | (2) oversee actions to prevent foreclosures and mitigate | 21 | | their impact on local communities; and | 22 | | (3) oversee and provide insight about the rebuilding | 23 | | process caused by the housing crisis and provide a |
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| 1 | | comprehensive and holistic approach to the rebuilding process; | 2 | | and | 3 | | (4) divide the work of the Foreclosure Working into 2 | 4 | | primary focus areas as follows: | 5 | | (A) Foreclosure Impact: This area shall be responsible | 6 | | for monitoring the foreclosure activity in Illinois and | 7 | | determining approaches to mitigate the impact on local | 8 | | communities; | 9 | | (B) Housing Education and Outreach: This area shall be | 10 | | responsible for recommending outreach, counseling, and | 11 | | education programs focused on foreclosure prevention and | 12 | | other affordable housing programs needed to stabilize | 13 | | communities in Illinois; and be it further | 14 | | RESOLVED, That the State Housing Task Force shall submit an | 15 | | addendum to reports required by the Comprehensive Housing | 16 | | Planning Act, which shall include Foreclosure Working Group | 17 | | recommendations for effective policy advisements regarding | 18 | | housing policies and funding mechanisms to address the | 19 | | foreclosure and housing crisis, and shall provide an update on | 20 | | general housing trends affecting the residents in this State.
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