Illinois

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Illinois State General Assembly has introduced Senate and House version bills (HB0586 and SB1366) that would create an Illinois state historic rehabilitation tax credit equal to 25% of the costs involved in rehabilitation of eligible historic properties.

The Illinois Housing Development Authority is soliciting applications for roughly $9.7 million in low-income housing tax credits for projects available only for projects in 18 designated disaster counties within the state. Applications must be submitted on April 6.