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Illinois Housing Authority Announces Launch of State Tax Credit Program Worth As Much as $26M

Thursday, January 3, 2002 - 1:45AM

The Illinois Housing Development Authority announced late last month the launch this year of a new state housing tax credit program that will provide as much as $26 million for affordable housing. Application deadlines for the new state credit are January 7 and April 8. The credit can be used by itself or with other financing tools, such as the federal low-income housing tax credit (LIHC), bank loans or other government housing funds.

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