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Affordable Housing Funding in the State's Capital Budget
Help Illinois create more affordable housing! CCH is
advocating that $100 million be included annually in the state's
capital budget for the construction and preservation of affordable
housing.
The state’s capital budget is funded through issuing bonds and is used to
create revenue that funds the construction of schools, roads and state
facilities. Many other states include funding in their capital budgets
for affordable housing, but Illinois never has. This initiative seeks
to include $100 million a year for five years (a total of $500
million) for affordable housing in the next Illinois capital
budget. That would fund 8,000 new units of affordable housing.
Check a list of current legislative supporters here.
Action Needed:
Ask your state legislators to support $100 million a year for five years for affordable housing in the state's capital budget.
Read about Stalled Housing Developments Around the State
Find your state legislators here.
Write letters to your state legislators using CCH's template.