$IHDA-1ST GEN HOMEBUYER ASSIST

Appropriates $50,000,000 from the General Revenue Fund to the Illinois Housing Development Authority for the purpose of depositing into the First-Generation Homebuyer Down Payment Assistance Fund to provide down payments and closing costs assistance to eligible first-generation homebuyers, and other administrative expenses under the First-Generation Homebuyer Down Payment Assistance Program. Effective July 1, 2026.