CHAMPAIGN – State Senator Paul Faraci and the Illinois Housing Development Authority announced that families, seniors and people with disabilities in Champaign and Urbana will see new and renovated affordable housing options thanks to funding from federal Low-Income Housing Tax Credits.

“Access to safe and affordable housing is fundamental for all members of our community,” said Faraci (D-Champaign). “This funding represents a significant step toward improving the lives of our residents. By investing in low-income housing initiatives, we are building an environment where everyone can have a place to call home.”

The tax credits will generate an estimated $235 million in private capital to finance the creation and preservation of 1,159 affordable units for low- to moderate-income families, seniors and people with disabilities. The Low-Income Housing Tax Credit program was created through the federal Tax Reform Act of 1986. The IRS allocates a certain number of tax credits annually to each state based on population.

Of the 18 affordable housing developments receiving funding, Parker Glen II in Champaign and Steer Place Apartments in Urbana are among the recipients. Thanks to the tax credits, Parker Glen II will construct a new housing development complex and Steer Place Apartments will rehabilitate and modernize the existing 108-unit apartment complex for seniors 55 and older.

CHAMPAIGN—State Senator Paul Faraci is inviting local residents to ask questions about state resources and provide feedback on legislative priorities at his upcoming Coffee and Conversation event on June 29.

“Connecting with residents and ensuring we, as elected officials, are accessible to them should be the basis of all we do,” said Faraci (D-Champaign). “If you are having an issue with a state service, want to connect over ideas that would help our community or just want to say hello – I encourage you to stop by.”

The event will be held Thursday, June 29 from 8 – 9 a.m. at the Espresso Royale Stadium Plaza, located at 1411 S. Neil St. in Champaign.

Each monthly Coffee and Conversation serves as an open forum for community members to engage in informal conversations with the senator and each other about issues facing the region and the state.

The event is free and open to area residents. Those with questions or concerns are encouraged to contact Faraci’s Champaign office at 217-355-5252 or visit his website at www.SenatorFaraci.com.

CHAMPAIGN – To emphasize the importance of learning throughout the summer, State Senator Paul Faraci is hosting a Summer Book Club to encourage students to read and continue their studies during the summer vacation.

“This is a great opportunity for students to better their education through reading and receive a reward for sticking with it,” said Faraci (D-Champaign). “I encourage families with children to participate in this program. Our hope is this program will help kids foster a love of reading.”

The Summer Book Club requires students to read eight books of their choice during the summer break, record the names of the books on a form, and return the form to Faraci’s office by Aug. 18. Every child who completes the Summer Book Club will receive a gift card and a certificate from Senator Faraci.

Summer Book Club forms are available to download at SenatorFaraci.com. Senator Faraci urges interested residents to call his Champaign office at (217) 355-5252 or Danville Office at (217) 442-5252 with any questions.

SPRINGFIELD – State Senator Paul Faraci (D-Champaign) released the following statement after the governor signed the Fiscal Year 2024 budget into law:

"Illinoisans deserve a responsible state budget that promotes local economic growth and safeguards essential funding for the most vulnerable. This year’s budget delivers on those issues and I was proud to support it.

"Empowering students with job training and access to higher education is pivotal for driving our economy forward. To foster such opportunities, this budget allocates increased funds for needs-based tuition assistance and specialized development programs. These initiatives aim to cultivate a skilled workforce and enhance enrollment rates in our community colleges and universities.

“This budget is something that we should all be proud of, and I believe it will make a positive impact on so many lives across the state.”