HB 3314

Abstract

Creates the Rental Housing Support Program Funding Allocation Task Force Act. Creates the Illinois Rental Housing Support Program Funding Allocation Task Force (Task Force) to implement, monitor, and maintain an equitable allocation of Rental Housing Support Program funds across the State. Provides that the Task Force shall also develop more level funding allocations based on data released by the United States Census Bureau on the 2020 decennial census. Contains provisions on the composition of the Task Force; the deadline for appointing members; Task Force vacancies; nonvoting members; and other matters. Provides that the Illinois Housing Development Authority shall provide staff and administrative services to the Task Force. Requires the Task Force to meet not less than 6 times after the effective date of the Act. Requires the Task Force to submit a report to the General Assembly no later than March 31, 2022. Provides that the report must delineate the Task Force's findings, conclusions, and recommendations. Provides that the Task Force is dissolved, and the Act is repealed, on March 31, 2023. Effective immediately.