# Illinois SB1261: IHDA-HOMEOWNERSHIP PROGRAMS

Illinois SB1261, IHDA-HOMEOWNERSHIP PROGRAMS, is a 104th General Assembly (2025–2026) Senate bill sponsored by Graciela Guzmán (Democratic); status signed, last action 2025-08-15 (Public Act . . . . . . . . . 104-0370); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB1261-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB1261
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: IHDA-HOMEOWNERSHIP PROGRAMS
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-28
- Last action: 2025-08-15, Public Act . . . . . . . . . 104-0370
- Sponsor: Graciela Guzmán (Democratic)
- Cosponsors: 11
- Subjects: assignments, judiciary, housing
- Touches household money: yes
- Roll calls: 8 (229 yes, 45 no in all)
- Economic provisions PRIA read: 1

## Summary

Creates the Community Land Trust Home Ownership Act. Provides that the Illinois Housing Development Authority's homeownership programs, including loan products, grants, and other types of assistance, shall be made available to home buyers and owners seeking to purchase or maintain housing where a leasehold interest in real property is held by a community land trust or other 501(c)(3) organization for the purposes of promoting long-term affordability, preservation of affordable housing, or community revitalization efforts. Provides that any other type of seller, including for-profit or private sellers of homes, through leasehold agreements, such as installment contracts, contract for deeds, or any other type of purchase or ownership structure, shall not be eligible under the amendatory Act. Requires the Illinois Housing Development Authority, within 90 days after the effective date of the Act, to propose new or amended administrative rules that will make the Authority's homeownership programs consistent with the purposes of the Act. Effective immediately.

## Bill overview: provisions PRIA read

- More homeownership help through nonprofit land trusts: benefit, medium. The law expands access to Illinois Housing Development Authority homeownership loans, grants, and other help for homebuyers and owners. A community land trust or another 501(c)(3) nonprofit must hold the home's leasehold interest, or ground-lease rights. The arrangement must support long-term affor…

## Sponsors and cosponsors

- Sponsor: Graciela Guzmán (Democratic), Senate
- Cosponsor: Camille Y. Lilly (Democratic), House
- Cosponsor: Emanuel "Chris" Welch (Democratic), House
- Cosponsor: Hoan Huynh (Democratic), House
- Cosponsor: Li Arellano, Jr. (Republican), Senate
- Cosponsor: Lilian Jiménez (Democratic), House
- Cosponsor: Mike Simmons (Democratic), Senate
- Cosponsor: Napoleon Harris III (Democratic), Senate
- Cosponsor: Rachel Ventura (Democratic), Senate
- Cosponsor: Sharon Chung (Democratic), House
- Cosponsor: Willie Preston (Democratic), Senate
- Cosponsor: Yolonda Morris (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-05-31 | Senate | House Floor Amendment No. 2 Senate Concurs | pass | 56 | 0 |   |
| 2025-05-28 | Senate | House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Judiciary; | pass | 8 | 0 |   |
| 2025-05-21 | House | Third Reading - Short Debate - Passed | pass | 71 | 37 |   |
| 2025-05-14 | House | House Floor Amendment No. 2 Recommends Be Adopted Housing Committee; | pass | 11 | 5 |   |
| 2025-05-07 | House | Do Pass / Short Debate Housing Committee; | pass | 10 | 3 |   |
| 2025-04-10 | Senate | Third Reading - Passed; | pass | 56 | 0 |   |
| 2025-04-09 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; | pass | 8 | 0 |   |
| 2025-03-19 | Senate | Do Pass Judiciary; | pass | 9 | 0 |   |

## Bill text

- Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261eng.pdf)
- Enrolled: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261enr.pdf)
- House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261ham001.pdf)
- House Amendment 2: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261ham002.pdf)
- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261.pdf)
- Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261sam001.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261eng.pdf)
- [Enrolled (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261enr.pdf)
- [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261ham001.pdf)
- [House Amendment 2 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261ham002.pdf)
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261.pdf)
- [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB1261sam001.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
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Source: PRIA, https://policyrisk.com/state-bill/IL-SB1261-2025-2026 (as of 2026-11-01).