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Illinois Housing Update: Wins and Warnings | Springfield News
Illinois’ housing battle rages on as Governor Pritzker’s big BUILD plan falls short, but lawmakers still approved $250 million for new housing, including Missing Middle and first-time buyer programs. The HOME Illinois Program survived a proposed $10 million cut—advocates call it a win, though inflation concerns loom. A major victory? A 10-year extension and funding boost for the Affordable Housing Tax Credit, which has already built 26,000 homes and will create nearly 10,000 more. Critics slammed BUILD for its one-size-fits-all zoning approach and affordability gaps, fearing gentrification…
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