McHenry Times

McHenry Times

Monday, December 9, 2019

Sen. McConchie voices concerns over housing bill

Politics

By Kyla Asbury | Jul 27, 2019

Money 3

Illinois state Sen. Dan McConchie (R-Hawthorn Woods) wants to nail down more specifics in a bill that would allow property tax incentives for newly constructed or renovated rental properties if they include affordable housing units.

McConchie voiced his concerns with Senate Bill 2259 during a Senate Executive Subcommittee on Special Issues hearing on July 18. The bill, sponsored by Senate President John J. Cullerton (D-Chicago), will be effective immediately if passed. It was introduced in May.

"This should target those who don't qualify for aid but are struggling to find affordable housing," McConchie said. "[Another] concern I have regarding tax credits is how it will affect property taxes. In creating another tax credit, we end up shifting that burden to others. I want to make sure we’re limiting that tax transference and getting to the root of the problem. You need the wealthier payers to subsidize this project, right? A project would still be there, it just wouldn't be affordable housing."


Illinois state Sen. Dan McConchie (R-Hawthorn Woods)

McConchie said that, being in a wheelchair, he realizes the difficulties disabled people face when seeking affordable housing. He questioned why there weren't requirements to create accessible living spaces for disabled people.

Want to get notified whenever we write about State Senator Dan McConchie ?

Sign-up Next time we write about State Senator Dan McConchie, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

State Senator Dan McConchie

More News