Illinois Reasonable Development

State:
Multi-State
Control #:
US-OG-507
Format:
Word; 
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Description

This is a Reasonable Development form. The assignee shall drill all additional wells necessary to develop the leases and the land they cover, necessary to protect them from drainage, as would a reasonably prudent operator; provided, however, without limitation of the foregoing, assignee shall drill all development, protection, or offset wells which may be required under the terms and provisions of the oil and gas leases on the lands, to the depths assigned.

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FAQ

Sec. 7.28. Tax credit for donation to sponsors. The Authority may administer and adopt rules for an affordable housing tax donation credit program to provide tax credits for donations as set forth in this Section.

The Illinois Human Rights Act and the federal Fair Housing Act apply to real estate owners, managers, salespersons, brokers, rental agents, or other agents or employees of the owner or the owner's agents. Also, builders and appraisers are subject to the fair housing law.

Illinois Housing Development Authority (IHDA) Home Repair and Accessibility Program (HRAP) This program provides up to $45,000 per unit for rehabilitation work to correct health, safety, and city code issues with the property.

Who we are. KEYS programs and services offer rapid re-housing intervention to economically disadvantaged individuals and families using a Housing First Approach ? a proven method in which people experiencing homelessness can achieve stability regardless of their challenges.

The Illinois General Assembly passed the Affordable Housing Planning and Appeal Act (AHPAA) (310 ILCS 67) in 2003 to address the lack of moderately-priced housing that exists in many communities.

Among other provisions, this bill creates three tiers of property tax incentives for new construction and rehabbed residential buildings with seven or more units that set aside between 15% and 35% of their units as affordable.

Income Limits for Section 8 Housing in Illinois Household SizeIncome Limit1$49,1502$56,2003$63,2504$70,3001 more row ?

The Illinois Affordable Housing Program is hereby created for the purpose of developing and coordinating public and private resources targeted to meet the affordable housing needs of low-income and very low-income households in the State of Illinois.

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Illinois Reasonable Development