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SB1926 • 2026
MID-INCOME HOUSING GRANT PILOT
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
MID-INCOME HOUSING GRANT PILOT
Rule 3-9(a) / Re-referred to Assignments
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
Rule 2-10 Committee Deadline Established As April 24, 2026
Re-assigned to Appropriations- Health and Human Services
Senate Committee Amendment No. 1 Re-assigned to Appropriations- Health and Human Services
Rule 3-9(a) / Re-referred to Assignments
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
Rule 2-10 Committee Deadline Established As May 9, 2025
Rule 2-10 Committee Deadline Established As April 11, 2025
Senate Committee Amendment No. 1 Assignments Refers to Appropriations- Health and Human Services
Added as Co-Sponsor Sen. Patrick J. Joyce
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Halpin
Senate Committee Amendment No. 1 Referred to Assignments
Added as Co-Sponsor Sen. David Koehler
Added as Co-Sponsor Sen. Cristina Castro
Added as Chief Co-Sponsor Sen. Paul Faraci
Assigned to Appropriations- Health and Human Services
Filed with Secretary by Sen. Michael W. Halpin
First Reading
Referred to Assignments
MID-INCOME HOUSING GRANT PILOT
Illinois General Assembly - Full Text of SB1926 Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. 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Full Text of SB1926 Home Legislation Full Text SB1926 - 104th General Assembly Bill Status Full Text Votes Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Senate Amendment 001 Printer Friendly Version Introduced Senate Amendment 001 Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1926 Introduced 2/6/2025, by Sen. Michael W. Halpin SYNOPSIS AS INTRODUCED: New Act 30 ILCS 105/5.1030 new Creates the Illinois Middle-Income Housing Grant Pilot Act. Provides that subject to appropriation for this purpose, the Illinois Housing Development Authority (Authority) shall establish and administer a 3-year Illinois Middle-Income Housing Grant Pilot Program to facilitate housing development in targeted communities across the State of Illinois. Provides that eligible grant applicants shall include developers specifically in any community with an authorized River Edge Redevelopment Zone. Provides that any community within this designation is eligible to apply to support projects within such communities. Permits the Authority to enter into a subcontract agreement with developers with qualified residences. Provides that awards can be used for both redevelopment and new development projects; and that grant proposals may be submitted to the Authority directly to be used as a part of a development agreement with an eligible developer. Contains provisions on rules to implement the pilot program, grant award amounts, project costs limits, and other matters. Creates the Illinois Middle-Income Housing Grant Pilot Program Fund to consist of any moneys appropriated for the pilot program. Amends the State Finance Act by adding the Illinois Middle-Income Housing Grant Pilot Program Fund to the list of State funds. LRB104 11184 KTG 21266 b A BILL FOR SB1926 LRB104 11184 KTG 21266 b 1 AN ACT concerning housing. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 Illinois Middle-Income Housing Grant Pilot Act. 6 Section 5. Definitions. As used in this Act. 7 "Authority" means the Illinois Housing Development 8 Authority. 9 "Developer" includes for profit and nonprofit developers, 10 as well as land banks. 11 "Development costs" means any costs associated with the 12 construction or rehabilitation of a qualified residence. 13 "Household" means all persons using the qualified 14 residence as their principal place of residence upon the sale 15 or lease of the qualified residence by the developer. 16 "Household income" means the combined federal adjusted 17 gross income of the members of the household for the taxable 18 year immediately preceding the year in which the qualified 19 residence is sold or rented to the members of the household. 20 "Qualified residence" means a single-family residence that 21 (i) is new construction or has been rehabilitated with $30,000 22 or more in rehabilitative development costs incurred by the 23 taxpayer and (ii) is sold or rented under a contract with a SB1926 - 2 - LRB104 11184 KTG 21266 b 1 term of one year or longer to one or more individuals with a 2 combined household income that exceeds 80% of the median 3 household income in Illinois but does not exceed 140% of the 4 median household income in Illinois. The residence must also 5 have at least a $1,000 local match investment. 6 Section 10. Illinois Middle-Income Housing Grant Pilot 7 Program. 8 (a) Subject to appropriation for this purpose, the 9 Authority shall establish and administer a 3-year Illinois 10 Middle-Income Housing Grant Pilot Program to facilitate 11 housing development in targeted communities across the State 12 of Illinois. Eligible grant applicants shall include 13 developers specifically in any community with an authorized 14 River Edge Redevelopment Zone. Any community within this 15 designation is eligible to apply to support projects within 16 such communities. The Authority may enter into a subcontract 17 agreement with developers with qualified residences. 18 Awards can be used for both redevelopment and new 19 development projects. 20 Grant proposals may be submitted to the Authority directly 21 to be used as a part of a development agreement with an 22 eligible developer. 23 (b) The Authority shall: 24 (1) Adopt rules to implement and administer the 25 Illinois Middle-Income Housing Grant Pilot Program, SB1926 - 3 - LRB104 11184 KTG 21266 b 1 including rules concerning applications. 2 (2) Adopt rules for owner occupied housing, 3 substantially similar to the rental unit rules. 4 (3) Create a simple certification process for cities 5 to follow to ensure quick access to funds to facilitate 6 project development. 7 (4) Keep record of all requests, including requests 8 above and beyond current funding availability to 9 demonstrate statewide need. 10 (c) Grant awards shall be available for eligible 11 developers at $20,000 per unit, calculated as 10% of the 12 eligible cost of development up to $200,000. 13 (1) The overall cost of the project must remain less 14 than $300,000 per unit. 15 (2) Awards shall not exceed $1,000,000 per project. 16 (d) Developers must certify that rental units will be 17 available at or below the U.S. Department of Housing and Urban 18 Development's recommended price point for 140% of area median 19 income. 20 (1) The units must remain rented at such threshold for 21 10 years - as certified by the developer and city, and 22 submitted to the Authority. 23 (2) The Authority shall not require income 24 verification by a developer. This requirement shall only 25 apply to units for which the subsidy is utilized to ensure 26 a mix of incomes in housing developments. SB1926 - 4 - LRB104 11184 KTG 21266 b 1 (e) The Illinois Middle-Income Housing Grant Pilot Program 2 Fund is created as a special fund in the State treasury. The 3 fund shall consist of any moneys appropriated to the Illinois 4 Housing Development Authority for the Illinois Middle-Income 5 Housing Grant Pilot Program and all interest earned on moneys 6 in the fund. Moneys in the Fund shall be expended for the 7 Illinois Middle-Income Housing Grant Pilot Program and for no 8 other purpose. 9 Section 15. The State Finance Act is amended by adding 10 Section 5.1030 as follows: 11 (30 ILCS 105/5.1030 new) 12 Sec. 5.1030. The Illinois Middle-Income Housing Grant 13 Pilot Program Fund. Footer Disclaimer This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. 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