Illinois Statutes

§ 35-50.1 — Senior citizens' housing

Illinois § 35-50.1
JurisdictionIllinois
TopicGOVERNMENT
Ch. 60TOWNSHIPS
Act 60 ILCS 1/Township Code.
Art.Article 35 - Special Township Meetings

This text of Illinois § 35-50.1 (Senior citizens' housing) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
60 Ill. Comp. Stat. 35-50.1 (2026).

Text

A township may construct, purchase, improve, extend, or equip senior citizens' housing. The township board shall have the power to do the following:

(1)Own and manage residential rental property for senior citizens.
(2)Donate township land for senior citizens' housing.
(3)Expend township funds for the construction, financing, purchase, improvement, equipping, or management of senior citizens' housing.
(4)Employ or contract with management firms to aid the township board in managing the senior citizens' housing.
(5)Make contracts necessary in the exercise of its powers under Sections 35-50.1 through 35-50.6.
(6)Enter into agreements with other governmental units to finance residential rental property for senior citizens.
(7)Issue revenue bonds payable solely from the net revenue deri

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Legislative History

(Source: P.A. 87-922; 88-62.)

Nearby Sections

15
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Bluebook (online)
Illinois § 35-50.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/60/35-50.1.