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<xml>
<title>Illinois General Assembly - Bill Status for HB 4154         </title>
<shortdesc>IHDA-COVID-19 MORTGAGE RELIEF</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. La Shawn K. Ford and Michelle Mussman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>735 ILCS 5/Art. XV Pt. 18 heading new</reference><aliasreference></aliasreference><reference>735 ILCS 5/15-1801 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Code of Civil Procedure. Allows the Illinois Housing Development Authority to issue a one-time loan of up to $25,000 to pay delinquent escrow payments or property tax payments in forbearance accrued between March 17, 2021 through September 30, 2021 for homeowners who participated in the federal COVID-19 mortgage forbearance program under the Coronavirus Aid, Relief, and Economic Security Act. Allows a homeowner to apply to for the loan if the homeowner: has participated in the federal COVID-19 mortgage forbearance program; is delinquent in escrow payments or property tax payments to the mortgage lender; and has enrolled in or has the ability to enroll in a remediation process with the homeowner's mortgage servicer to bring the mortgage out of forbearance. Requires the Illinois Housing Development Authority to: determine the amount to be issued to the homeowner based on the application submitted by the homeowner; place a lien on the property for which the homeowner is delinquent on payments; and forgive the loan after 3 years if the homeowner is not in arrears on the loan. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>9/23/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. La Shawn K. Ford</action>
<statusdate>9/30/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michelle Mussman</action>
<statusdate>10/19/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>10/19/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

