Written by Kelli Harsch, Kathie Soroka, Benjamin J. Swartzendruber, Glenn A. Graff, and Paul Davis, Published by the Journal of Affordable Housing, Volume 18, Number 4, Summer 2009

This article examines three State of Illinois programs and a somewhat lesser-known, yet formidable, statutory restriction on sales of federally assisted building that enhance the preservation of affordable housing within the state. The newest of these, the Illinois Affordable Housing Tax Credit Program, commonly known as the donation credit program, had been so widely pursued in connection with the development of affordable housing that the state modified its program requirements to ensure proper utilization of the credit throughout the state. The other two programs and the preservation statute alluded to above have had varied levels of impact but have all contributed to the retention of affordable units within Illinois.

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