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Updated almost 4 years ago on . Most recent reply

User Stats

204
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148
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Sean McKee
  • Rental Property Investor
  • Chicago, IL
148
Votes |
204
Posts

25 Billion in Rental Assistance.

Sean McKee
  • Rental Property Investor
  • Chicago, IL
Posted

Hello Everyone,

I know that Congress just recently passed legislation providing 25 billion in rental assistance. I know this is being given to individual states to disperse. For Illinois specifically, has anyone heard about the timeline for receiving those funds and how to apply? I have not found anything yet online.

Thanks!


Most Popular Reply

User Stats

39
Posts
53
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Mary Aviles
  • Rental Property Investor
  • Tinley Park, IL
53
Votes |
39
Posts
Mary Aviles
  • Rental Property Investor
  • Tinley Park, IL
Replied

@Sean McKee

We are all anxiously awaiting word when these will be available. Since you're from the Chicago area, I suggest you listen to the "Landlord Workshop" meetings from Fairview Realty every Thursday afternoon. https://rentroster.us4.list-manage.com/track/click?u=e88e905525f6828012c4b021c&id=bd68844893&e=50f811b063

They update us on everything important that's going on with property management in Illinois and the Chicagoland area, including the rental assistance funds. They'll let us know when these funds will be available and how they will work. We've also been discussing the new Cook County Residential Landlord Tenant Ordinance, and last year we had a long discussion about the Just Housing Ordinance. There are so many things happening now, it's important to plug into a group that will help you.

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