Federal housing credit expansion could increase affordable rental units in Illinois: report

Article Summary The latest federal domestic policy plan increases funding for the Low-Income Tax Housing Credit by 12%. The expanded tax credit could allow construction of 34,700 new affordable housing units in Illinois, according one report. Supporters of the tax credit say Illinois should enact its own tax credit for housing developers to help increase…

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Who is contributing to Illinois’ U.S. Senate candidates?

Capitol News Illinois Article Summary U.S. Rep. Raja Krishnamoorthi raised the most money in the first quarter of fundraising for the 2026 Illinois Democratic primary for U.S. Senate and has already launched a TV ad. Lt. Gov. Juliana Stratton received money from some of the most politically connected donors in state politics, from Gov. JB…

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Illinois bet on solar to meet its climate goals. Trump has the industry in his crosshairs.

Capitol News Illinois Article Summary Congress’ latest budget package slashed federal tax incentives for solar developments. Industry insiders said the latest federal policies create “a lot of uncertainty.” Illinois facilitates significant funding for the renewables industry, particularly for solar, which provides some insulation against the federal action. Still, advocacy groups fear energy prices will rise…

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