GA96HB521 96 HB 521 FORECLOSURE PREVENT COUNSELING Amends the Illinois Housing Development Act to authorize the Illinois Housing Authority to establish and administer a foreclosure prevention counseling program using moneys in the Foreclosure Prevention Counseling Fund, appropriated for that purpose, to make grants to HUD-certified housing counseling agencies to support pre-purchase and post-purchase home ownership education and foreclosure prevention counseling. Amends the State Finance Act to create the Foreclosure Prevention Counseling Fund from moneys received from the foreclosure prevention surcharge collected under the Residential Mortgage License Act of 1987. Provides that 75% of the moneys in this Fund shall be used for housing counseling outside Chicago and 25% of the moneys shall be used for such counseling in Chicago. Amends the Residential Mortgage License Act of 1987 to increase the investigation and application fees from $2,700 to $3,000. Effective immediately. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=521&GAID=10&DocTypeID=HB&LegId=40898&SessionID=76&GA=96 2009-02-11 00:00:00 House Added Chief Co-Sponsor Rep. Kenneth Dunkin 0 4 2009-02-09 00:00:00 House Assigned to Consumer Protection Committee 0 3 HCON 2009-02-04 00:00:00 House Referred to Rules Committee 0 2 HRUL 2009-02-04 00:00:00 House First Reading 1 1 2009-03-13 00:00:00 House Rule 19(a) / Re-referred to Rules Committee 1 5 HRUL 2009-02-04 00:00:00 House Filed with the Clerk by Rep. Esther Golar 0 0 EstherGolar House Chief Sponsor KennethDunkin House Chief Co-Sponsor