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Orland Park adopts ordinance reallocating private activity bond volume cap to first-time homebuyer program
Village of Orland Park Board of Trustees · March 17, 2026
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Summary
Trustees adopted an ordinance to transfer the village's annual private-activity bond volume cap to a first-time homebuyer program administered through the Town of Normal; board members said the reallocation has no cost to the village and benefits homes in Orland Park.
The Village of Orland Park Board adopted an ordinance on March 16 to transfer and reallocate the village’s annual private-activity bond volume cap, allowing that allocation to be used for a first-time homebuyer program administered through the Town of Normal.
A presenter explained the Internal Revenue…
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