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Code · Illinois · Chapter 310 — HOUSING · Act 130

Sec. 5. Purpose.

53 words·~1 min read·/il/chapter-310/act-130/5

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Sec. 5. Purpose. The purpose of this Act is to ensure access to affordable housing loan products, grants, and other types of assistance for buyers and owners of housing located in a community land trust or other leasehold ownership structure with a ground lease between the buyer or owner and a 501(c)(3) organization.
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