Bill Text: IL SB3769 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Reimagining Energy and Vehicles in Illinois Act. Provides that, subject to appropriation, the Department of Commerce and Economic Opportunity shall establish a pilot grant program to encourage the construction and rehabilitation of housing located near a REV Illinois Project. Allows funding to be used for the acquisition, construction, development, predevelopment, or rehabilitation of a qualified development. Requires the electric vehicle-oriented housing pilot grant program to provide for grants of up to 10% of the land acquisition costs and 15% of the construction, development, predevelopment, or rehabilitation costs of a qualified development. Provides that project sponsors who wish to participate in the electric vehicle-oriented housing pilot grant program shall submit a grant application to the Department in accordance with rules adopted by the Department. Prohibits the acceptance of applications for the program after December 31, 2028. Repeals the provisions on January 1, 2031.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB3769 Detail]

Download: Illinois-2023-SB3769-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB3769 Introduced 2/9/2024, by Sen. Cristina Castro SYNOPSIS AS INTRODUCED:
20 ILCS 686/110 new
Amends the Reimagining Energy and Vehicles in Illinois Act. Provides that, subject to appropriation, the Department of Commerce and Economic Opportunity shall establish a pilot grant program to encourage the construction and rehabilitation of housing located near a REV Illinois Project. Allows funding to be used for the acquisition, construction, development, predevelopment, or rehabilitation of a qualified development. Requires the electric vehicle-oriented housing pilot grant program to provide for grants of up to 10% of the land acquisition costs and 15% of the construction, development, predevelopment, or rehabilitation costs of a qualified development. Provides that project sponsors who wish to participate in the electric vehicle-oriented housing pilot grant program shall submit a grant application to the Department in accordance with rules adopted by the Department. Prohibits the acceptance of applications for the program after December 31, 2028. Repeals the provisions on January 1, 2031.
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A BILL FOR
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AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Reimagining Energy and Vehicles in Illinois
Act is amended by adding Section 110 as follows:
(20 ILCS 686/110 new)
Sec. 110. Electric vehicle-oriented housing pilot program.
(a) The General Assembly finds that:
(1) The inventory of available homes for sale in
Illinois has been in continuous decline for multiple
years.
(2) This lack of inventory contributes directly to
affordability, making it more difficult to purchase a
home, even for those that have incomes at or close to the
area median income where they live. As a result, potential
REV Illinois Project face the prospect of little to no
housing options for the employees of the project.
(3) Creation of a pilot grant program for electric
vehicle-oriented housing, with the goal of incentivizing
the construction of new homes near REV Illinois Projects,
can help the situation.
(b) As used in this Section, "qualified development" means
a project (i) that is geographically located within 10 miles

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of a REV Illinois Project; (ii) that involves the new
construction of 2 or more single-family homes, including
detached homes, attached duplex, triplex or fourplex homes,
and condominiums; and (iii) after construction, in which homes
are affordable, according to the federal Department of Housing
and Urban Development, for either home ownership or rental and
that are occupied, reserved, or marketed for occupancy by
households with a gross household income that is greater than
80% but does not exceed 120% of the area median household
income.
(c) Subject to appropriation, the Department shall
establish a pilot grant program to encourage the construction
and rehabilitation of housing located near a REV Illinois
Project. Funding may be used for the acquisition,
construction, development, predevelopment, or rehabilitation
of a qualified development.
(d) The electric vehicle-oriented housing pilot grant
program shall provide for grants of up to 10% of the land
acquisition costs and 15% of the construction, development,
predevelopment, or rehabilitation costs of a qualified
development.
(e) Project sponsors who wish to participate in the
electric vehicle-oriented housing pilot grant program shall
submit a grant application to the Department in accordance
with rules adopted by the Department.
(f) No application for the electric vehicle-oriented

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