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Riverwoods attorney outlines expansive revisions to village affordable housing plan; board to hold public hearing
Summary
Village counsel reviewed required changes to the affordable housing plan under Illinois law and recommended a public hearing so Riverwoods can file an updated plan with the Illinois Housing Development Agency by mid‑June.
Village legal counsel reviewed an amended affordable housing plan and told the Board of Trustees that the village must hold a public hearing before filing an updated plan with the Illinois Housing Development Authority.
The memo and revised plan are intended to satisfy new components required under state law and must be filed by mid‑June, the attorney said. The board discussed possible timelines and tentatively identified May 20 as a likely hearing date.
“The affordable housing act … requires villages such as ours, which don’t have enough affordable housing units within the village to be exempt, to have a plan on file with the Illinois Housing Development Agency,” the village attorney said, citing the memo in the board packet. The attorney ran the board through the plan’s responses to the state’s required items…
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