(310 ILCS 60/2) (from Ch. 67 1/2, par. 1152)
Sec. 2.
It is the purpose of this Act to preserve and retain to the
maximum extent possible, as housing affordable to low and moderate income
families or persons, those privately owned dwelling units that were
provided for such purposes with federal assistance, to protect the tenants
of these units from displacement resulting from the loss of use
restrictions attached to these units and to address the overall lack of
affordable housing for low and moderate income families or persons in Illinois.
(Source: P.A. 86-810.)
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