(310 ILCS 67/5) Sec. 5. Findings. The legislature finds and declares that: (1) there exists a shortage of affordable, |
| accessible, safe, and sanitary housing in the State;
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(2) it is imperative that action be taken to assure
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| the availability of workforce and retirement housing;
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(3) local governments in the State that do not have
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| sufficient affordable housing are encouraged to assist in providing affordable housing opportunities to assure the health, safety, and welfare of all citizens of the State;
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(4) increasing the inventory and affordability of
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| housing choices for people earning between 80% and 140% of the area median income, termed the missing middle, also helps preserve affordable housing, prevents homelessness, and encourages investment in more inclusive, mixed-income communities throughout the State; and
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(5) studying the inventory and affordability gaps
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| that affect the missing middle is also crucial to ensuring workforce and retirement housing in the State.
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(Source: P.A. 104-319, eff. 1-1-26.)
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