093_HB0624
LRB093 05847 DRJ 05940 b
1 AN ACT in relation to housing.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The State Housing Act is amended by changing
5 Section 2 as follows:
6 (310 ILCS 5/2) (from Ch. 67 1/2, par. 152)
7 Sec. 2. Purpose. It is hereby declared that congested
8 and unsanitary housing conditions which exist in certain
9 areas of the state in low-priced dwellings are a menace to
10 the health, safety, morals, welfare and reasonable comfort of
11 the citizens of the state. The correction of these conditions
12 in such areas being now otherwise impossible, it is essential
13 that provision be made to encourage the investment of funds
14 at low interest rates, the acquisition at fair prices of
15 adequate parcels of land, the gradual demolition of existing
16 unsanitary and unsafe housing and the construction of new
17 housing facilities under public supervision, with proper
18 standards of sanitation and safety, and at a cost which will
19 permit monthly rentals or charges which wage-earners can
20 afford to pay, and not in excess of the rates hereinafter
21 provided.
22 Therefore, there are created and authorized the agencies
23 and instrumentalities hereinafter prescribed, which are
24 declared to be the agencies and instrumentalities of the
25 state for the purpose of attaining the ends herein recited.
26 (Source: Laws 1933, p. 396.)