HB3878: RENTAL HOUSING SUPPORT FEE

Legislative Summary

Reinserts the provisions of the introduced bill with the following changes: provides that, as part of the request-for-proposal process and subject to specified requirements, best efforts will be used to prioritize local administering agencies that serve the county in which annual receipts were collected upon receipt of current data from the Department of Revenue applicable to the annual receipts (rather than annual receipts shall be distributed with priority to local administering agencies from the county in which the annual receipts were collected); removes a provision requiring the Illinois Housing Development Authority to wait at least 6 months after annual receipts are deposited into the Rental Housing Support Program Fund before distributing the annual receipts; provides that the Illinois Housing Development Authority shall use best efforts through outreach to local administering agencies to encourage at least one local administering agency to serve each county in the State (rather than the Authority shall work with each county to ensure that at least one local administering agency is located within each county); and creates the Illinois Rental Housing Support Program Funding Allocation Task Force, which shall study and make recommendations regarding the equitable distribution of rental housing support funds across the State and shall also work with the Authority as funding allocations will be required to be adjusted due to data released by the United States Census Bureau on the 2020 decennial census. Effective January 1, 2022.