A law passed during the Rod Blagojevich days was aimed at communities which do not have much affordable housing. Reports are issued periodically by the Illinois Housing Development Authority. Ten percent is considered acceptable by state regulators. Those under that … Continue reading
Category Archives: Affordable Housing Planning and Appeal Act
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Tonight at & PM at the RedTail Golf Club the Lakewood Village Board will consider a resolution and plan to comply with the 2004 Affordable Housing Planning and Appeal Act. The documents indicate that of 1,367 housing units, 37 are … Continue reading
This is found on page 32 of the Lakewood Tax Increment Financing District feasibility study: The line at the bottom has stirred some interest. It shows $1 million for “affordable housing construction.” Lakewood has been put on a watch list … Continue reading