310 ILCS 130/20
Eligibility for homeownership programs
Illinois · Illinois Compiled Statutes 310 ILCS 130 — Community Land Trust Home Ownership Act. · Status: effective
Cite this
- Citation
- 310 ILCS 130/20, Eligibility for homeownership programs, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1290726
- Permanent ID
ys:prov:1290726@1- SHA-256
0b19fbf991bba8655638dd17300dcdc58ba120cfb510dad7824899b22d7f9e9b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Eligibility for homeownership programs. The Illinois Housing Development Authority's homeownership programs, including loan products, grants, and other types of assistance, shall be made available to home buyers and owners seeking to purchase or maintain housing where a leasehold interest in real property is held by a community land trust or other 501(c)(3) organization for the purposes of promoting long-term affordability, preservation of affordable housing, or community revitalization efforts. Any other type of seller, including for-profit or private sellers of homes, through leasehold agreements, such as installment contracts, contract for deeds, or any other type of purchase or ownership structure, shall not be eligible under this Section. (Source: P.A. 104-370, eff. 8-15-25.)