Rock Island County Opts in to New Affordable Housing Program
The Rock Island County Board, in conjunction with the Chief County Assessment Officer, is pleased to announce its participation in a new statewide assessment program designed to create and preserve affordable rental units across Illinois. This newly enacted law aims to address the critical shortage of affordable housing, particularly for low-income families in Rock Island County.
Program Highlights:
- Purpose: To create and preserve affordable rental housing for low-income families in Rock Island County.
- Eligibility: To be eligible for this special assessment program, a property must meet the following criteria:
- It must be a newly constructed multifamily building with 7 or more rental dwelling units, or an existing multifamily building that has undergone qualifying rehabilitation resulting in 7 or more rental dwelling units.
- The property must meet all application requirements as defined by the program.
- Application Process: Property owners must complete an application to participate. Click here to download the application.
- Fees: A non-refundable application fee of $750 is required, along with a yearly renewal fee of $750.
- Deadlines: The annual deadline to apply is July 1st.
- Special Extension for 2025: The deadline for the 2025 application cycle has been extended to October 31, 2025, to allow more property owners to take advantage of this opportunity.
Click here to view the full language of this law in the Illinois property Tax Code.
This program is a clear example of the County Board's commitment to thoughtful, effective governance and its dedication to the well-being of the community. Property owners interested in learning more about the program, including detailed eligibility requirements and the application process, should contact the Rock Island County Assessment Office:
1504 3rd Avenue
Rock Island, IL 61201
(309) 558-3660