SCOTT-MATHIAS-BEAUBIEN-WINTERS-HAMOS, FRANKS, O'CONNOR, SLONE, DART, FLOWERS, LANG, BASSI, GASH, GARRETT AND DAVIS,MONIQUE. (PETERSON-RADOGNO-OBAMA) New Act Creates the Partnership for Home Ownership Act. Authorizes the Illinois Housing Development Authority to make grants to employers, municipalities, counties, and nonprofit housing organizations for promoting employer-assisted housing programs and to enact regulations establishing eligibility for these grants. Establishes guidelines for investments by employers that the Authority may support with grant funds. Provides that grant funds may be used to support administration and technical assistance costs. Establishes criteria by which nonprofit housing organizations, municipalities, and counties are eligible for grant funds. FISCAL NOTE (Housing Development Authority) Since the majority of the population to be served under this legislation will exceed the Housing Development Authority's current income eligibility requirements, it is likely that substantial additional funding will be required. However, the number of employers accessing the funding, the per-unit cost of assistance, and the number of applications to be approved are presently unknown. Therefore, there is insufficient information to determine the fiscal impact of HB 4074. HOUSING AFFORDABILITY NOTE (Housing Development Authority) There will be no fiscal effect on the cost of constructing, purchasing, owning or selling a single family residence. HOUSE AMENDMENT NO. 1. Adds reference to: 30 ILCS 105/5.541 new Deletes everything. Creates the Live Near Work Act and amends the State Finance Act. Creates the Live Near Work Fund as a special fund in the State treasury. Authorizes the Illinois Housing Development Authority to make grants from the Fund to employers, municipalities, counties, and nonprofit housing organizations for promoting employer-assisted housing programs and to enact regulations establishing eligibility for these grants. Establishes guidelines for investments by employers that the Authority may support with grants from the Fund. Provides that grant funds may be used to support administration and technical assistance costs. Establishes criteria by which nonprofit housing organizations, municipalities, and counties are eligible for grant funds. Requires the Authority to report annually to the General Assembly on the program. Repealed July 1, 2005. 00-01-31 H FILED WITH CLERK 00-01-31 H FIRST READING 00-01-31 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-02-02 H ASSIGNED TO COMMITTEE URBAN REVITAL 00-02-03 H ADDED AS A JOINT SPONSOR MATHIAS 00-02-03 H ADDED AS A JOINT SPONSOR BEAUBIEN 00-02-03 H ADDED AS A JOINT SPONSOR WINTERS 00-02-03 H ADDED AS A JOINT SPONSOR HAMOS 00-02-03 H ADDED AS A CO-SPONSOR FRANKS 00-02-03 H ADDED AS A CO-SPONSOR O'CONNOR 00-02-03 H ADDED AS A CO-SPONSOR MCKEON 00-02-03 H ADDED AS A CO-SPONSOR SLONE 00-02-03 H ADDED AS A CO-SPONSOR DART 00-02-03 H ADDED AS A CO-SPONSOR FLOWERS 00-02-03 H ADDED AS A CO-SPONSOR LANG 00-02-07 H FISCAL NOTE FILED 00-02-07 H HOUSING AFORDABILITY IMPCT NOTE FILED 00-02-07 H COMMITTEE URBAN REVITAL 00-02-10 H ADDED AS A CO-SPONSOR BASSI 00-02-10 H ADDED AS A CO-SPONSOR GASH 00-02-17 H AMENDMENT NO. 01-URBAN REVITAL H 00-02-17 H ADOPTED 00-02-17 H DO PASS AMENDED/SHORT DEBATE 015-000-000 HURB 00-02-17 H PLACED CALENDAR 2ND READING-SHORT DEBATE 00-02-24 H ADDED AS A CO-SPONSOR GRANBERG 00-02-25 H ADDED AS A CO-SPONSOR GARRETT 00-02-29 H SECOND READING-SHORT DEBATE 00-02-29 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 00-03-01 H ADDED AS A CO-SPONSOR DAVIS,MONIQUE 00-03-02 H THIRD READING/SHORT DEBATE/PASSED 116-000-001 00-03-06 S ARRIVE IN SENATE 00-03-06 S PLACED CALENDAR ORDER OF FIRST READING 00-03-07 00-03-06 S CHIEF SPONSOR PETERSON 00-03-07 S FIRST READING 00-03-07 S REFERRED TO SENATE RULES COMMITTEE RULES 00-03-16 S ADDED AS A CHIEF CO-SPONSOR RADOGNO 00-03-23 S ADDED AS A CHIEF CO-SPONSOR OBAMA 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary