Housing and Urban Development Committee
Adopted in House Comm. on May 06, 2004
 
 

 




 

 		












09300SB2724ham001

LRB093 19551 AMC 50308 a






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AMENDMENT TO SENATE BILL 2724




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    AMENDMENT NO. ______. Amend Senate Bill 2724, on page 1, 
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line 5, by replacing "25, and 30" with "and 25"; and
 
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on page 2, immediately below line 1, by inserting the 
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following:
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    ""Area median household income" means the median household 
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income adjusted for family size for applicable income limit 
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areas as determined annually by the federal Department of 
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Housing and Urban Development under Section 8 of the United 
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States Housing Act of 1937."; and
 
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on page 2, by replacing lines 21 through 23 with the following:

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"area median
gross household income for households of the same 
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size within the county in
which the housing is located."; and
 
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on page 2, by replacing lines 29 through 32 with the following:
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"50% but does not exceed 80%
of the area median gross household 
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income for households of the same size within the
 county in 
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which the housing is located."; and
 
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on page 4, line 4, after the period, by inserting "Upon 
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publishing a list of exempt and non-exempt local governments, 
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the Illinois Housing Development Authority shall notify a local 
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government that it is not exempt from the operation of this Act  
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and provide to it the data used to calculate its 
 


 






09300SB2724ham001
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determination."; and
 
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on page 4, line 13, by replacing "January 1, 2005" with "April 
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1, 2005"; and 
 
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on page 5, by replacing lines 2 through 5 with the following:
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    "affordable housing within its jurisdiction, as described 
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    in subsection (b) of
defined in Section 20 of this Act; or 
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    a minimum of a total of 10% of affordable housing within 
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    its jurisdiction as described in subsection (b) of Section 
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    20 of this Act."; and
 
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on page 5, by deleting lines 11 through 35; and
 
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by deleting all of page 6; and
 
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on page 7, by deleting line 1.