This bill would try to boost affordable housing in California by speeding up approvals for qualifying infill and mixed-income projects, while offering tax credits and low-interest financing to convert vacant commercial and public buildings into housing. It also gives grants to local governments that adopt anti-displacement policies like emergency rental assistance, eviction right-to-counsel, and tenant preservation plans in high-rent areas.

This bill would raise Illinois’ minimum wage to $20 per hour starting January 1, 2027. It offers a large pay increase for low-wage workers but could also raise labor costs for employers.

This bill uses state tax credits, grants, and infrastructure aid to encourage energy-efficient multifamily housing with units reserved for low- and moderate-income households, especially in village, downtown, and transit-accessible areas. It also pushes municipalities that receive certain housing funds to adopt faster, clearer permitting for qualifying infill and mixed-income projects.