SPRINGFIELD – State Senator Laura Murphy (D-Des Plaines) is excited to announce that a senior housing development in Mt. Prospect will receive a tax credit.
“Affordable housing is an issue across the state and one that my constituents are deeply concerned about,” Murphy said. “It helps those with low-incomes and benefits the entire community by supporting jobs.”
Kensington Senior Residences at Randhurst in Mt. Prospect is one of 25 Affordable Housing Developments receiving the federal tax incentive. With this award, the residences will be getting a new three-story development that will feature 74 affordable units and amenities for seniors 55 and older from the Perlmark Housing Group. Some of the amenities include a fitness room and library.
In total, $28 million in federal Low-Income Housing Tax Credits will be awarded to 16 different counties across Illinois.
The Low-Income Housing Tax Credit is a federal program that facilitates the creation and preservation of affordable housing. It has created more than 90,970 units in the state, generating $4.9 billion in private capital for affordable housing.
SPRINGFIELD – State Senator Laura Murphy (D-Des Plaines) voted to add a constitutional amendment to the ballot in 2020 that would allow voters to decide if Illinois should change our income tax structure to a fair tax.
Senate Joint Resolution Constitutional Amendment 1 would give Illinoisans the opportunity to abandon an extremely regressive tax system that makes our state one of the most unfair tax states in the country.
“With the current flat tax, a cashier in Elk Grove Village pays the exact same rate as a hedge fund manager in Chicago,” Murphy said. “With a fair tax, we can not only bring relief to working families, but relief to our state’s financial crisis.”
A fair tax would tax lower incomes at lower rates and higher incomes at higher rates, provided voters approve the plan at the ballot box in 2020, thus protecting middle income households in the 28th district
Senate Joint Resolution Constitutional Amendment 1 passed the Senate and will now move to the House for consideration.
DES PLAINES – Area residents who wish to learn more about how to appeal their property tax bill are invited to a town hall meeting Monday evening, May 6th, in Park Ridge.
State Senator Laura Murphy (D-Des Plaines) will host the discussion at the Park Ridge Public Library, at 20 South Prospect Avenue.
Maine Township Assessor Susan Moylan Krey and the Cook County Assessor’s Office will be in attendance to help answer any questions. Residents should bring their property tax bill, paperwork from any appraisal performed in the past 18 months and a closing statement if the house was purchased within the last year.
“Not many people know how the appeal process works,” Murphy said. “This town hall offers residents a chance to learn how to file a successful tax appeal and ask specific questions regarding their circumstance.”
Read more: Murphy to host property tax seminar in Park Ridge
DES PLAINES – Area residents who wish to learn more about how to appeal their property tax bill are invited to a town hall meeting Monday evening, April 29th, in Arlington Heights.
State Senator Laura Murphy (D-Des Plaines) will host the discussion at the Elk Grove Township Building, at 2400 South Arlington Heights Road.
Elk Grove Township Assessor Connie Carosielli and Cook County Commissioner Kevin Morrison will be in attendance to help answer any questions. Residents should bring their property tax bill, paperwork from any appraisal performed in the past 18 months and a closing statement if the house was purchased within the last year.
“Not many people know how the appeal process works,” Murphy said. “This town hall offers residents a chance to learn how to file a successful tax appeal and ask specific questions regarding their circumstance.”
Read more: Murphy to host property tax seminar in Arlington Heights
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