IllinoisHB4283104th General Assembly (2025–2026)House

1ST-GENERATION HOMEBUYER LOANS

Sponsored By: Michael Crawford

In Committee

Summary

Amends the Illinois Housing Development Act. Requires the Illinois Housing Development Authority (Authority) to establish and administer a First-Generation Homebuyer Down Payment Assistance Program to provide targeted assistance to eligible first-generation homebuyers throughout the State for the purchase of a single-family or non-commercial multi-family residence. Sets forth eligibility requirements. Permits the Authority to prioritize assistance to applicants purchasing homes in designated community priority areas, applicants with household income below 80%, and applicants purchasing homes in areas with low homeownership rates, high housing costs burdens, or limited access to affordable mortgage credit. Provides that assistance under the program shall be provided as a forgivable loan to be forgiven pro rata on a monthly basis over a 5-year period of continuous owner-occupancy. Sets forth the available loan amounts and provides that assistance funds may be used for down payments, closing costs, mortgage insurance, interest rate buydowns, or principal reduction. Permits the Authority to waive repayment in cases of documented financial hardship that is beyond the control of the homebuyer. Permits the Authority to adopt rules to implement and administer the program. Effective July 1, 2026.

housing

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael Crawford

    Affiliation unavailable

Cosponsors

  • Camille Y. Lilly

    Affiliation unavailable

  • Debbie Meyers-Martin

    Affiliation unavailable

  • Emanuel "Chris" Welch

    Affiliation unavailable

  • Eva-Dina Delgado

    Affiliation unavailable

  • Jay Hoffman

    Affiliation unavailable

  • Kimberly Du Buclet

    Affiliation unavailable

  • La Shawn K. Ford

    Affiliation unavailable

  • Lawrence "Larry" Walsh, Jr.

    Affiliation unavailable

  • Lisa Davis

    Affiliation unavailable

  • Yolonda Morris

    Affiliation unavailable

Roll Call Votes

All Roll Calls

Yes: 10 • No: 6

House vote 3/19/2026

Do Pass / Short Debate Housing Committee;

Yes: 10 • No: 6

Actions Timeline

  1. Added Co-Sponsor Rep. Lawrence "Larry" Walsh, Jr.

    5/31/2026House
  2. Added Co-Sponsor Rep. Debbie Meyers-Martin

    5/31/2026House
  3. Added Co-Sponsor Rep. Jay Hoffman

    5/29/2026House
  4. Rule 19(a) / Re-referred to Rules Committee

    4/17/2026House
  5. Held on Calendar Order of Second Reading - Short Debate

    4/10/2026House
  6. Second Reading - Short Debate

    4/10/2026House
  7. Added Co-Sponsor Rep. Emanuel "Chris" Welch

    4/7/2026House
  8. Fiscal Note Filed

    4/7/2026House
  9. Housing Affordability Impact Note Filed

    4/7/2026House
  10. Fiscal Note Requested by Rep. Michael J. Coffey, Jr.

    4/6/2026House
  11. Housing Affordability Impact Note Requested by Rep. Michael J. Coffey, Jr.

    4/6/2026House
  12. Added Co-Sponsor Rep. Camille Y. Lilly

    3/19/2026House
  13. Placed on Calendar 2nd Reading - Short Debate

    3/19/2026House
  14. Do Pass / Short Debate Housing Committee; 010-006-000

    3/19/2026House
  15. Added Co-Sponsor Rep. Eva-Dina Delgado

    3/12/2026House
  16. Assigned to Housing Committee

    2/11/2026House
  17. Added Chief Co-Sponsor Rep. Yolonda Morris

    1/21/2026House
  18. Added Chief Co-Sponsor Rep. La Shawn K. Ford

    1/21/2026House
  19. Added Chief Co-Sponsor Rep. Kimberly Du Buclet

    1/21/2026House
  20. Added Chief Co-Sponsor Rep. Lisa Davis

    1/15/2026House
  21. Referred to Rules Committee

    1/14/2026House
  22. First Reading

    1/14/2026House
  23. Filed with the Clerk by Rep. Michael Crawford

    1/5/2026House

Bill Text

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