Rental Housing Support Program Heads to Governor’s Desk

Lawndale News Chicago's Bilingual Newspaper - Business

To ensure families with limited economic resources have access to affordable, permanent housing, State Senator Cristina Castro is co-sponsoring legislation to provide increased funding for the Rental Housing Support Program. “Housing instability is a main driver of homelessness, incarceration, health disparities and more,” said Castro (D-Elgin). “Prioritizing the equitable distribution of funds in this program will assist families with limited income in finding affordable homes.” Since 2005, the Rental Housing Support Program has provided rental assistance to households by subsidizing rental apartments and homes so that low-income families only have to pay 30 percent of their rent while living in a partnered home or complex. The program is designed to subsidize landlords so they can charge affordable rent for low-income tenants. This legislation will provide more funding to further support the Rental Housing Support Program. House Bill 3878 passed both chambers and now heads to the governor for consideration.

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via rk2’s favorite articles on Inoreader

January 12, 2023 at 09:48AM

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