What You Need to Know About the New Source of Income Law

Welcome to Mainstreet Organization of REALTORS® Source of Income (SOI) information page. Effective January 1, 2023, SOI became a statewide law in Illinois prohibiting discrimination against tenants for how they support themselves and/or their dependents. The information below will serve as the Mainstreet Organization of REALTORS® information hub for SOI, containing webinars, livestream recordings, blogs, Illinois REALTOR® links and updates regarding SOI as they are disseminated.

What You Should Know About the New Source of Income Law

Read about the three essential questions covered by Local Government Affairs Directors (GAD) Adriann Murawski and Joe Roth, Real Estate educator Annette Panzek and subject matter experts (SME) from Cook, DuPage and Lake County housing authorities in our most recent blog post below.

Watch Yesterday's Events Today!

Mainstreet hosted four informational events throughout our jurisdiction to educate our members on Source of Income (SOI) law that went into effect statewide on January 1, 2023. Watch the recordings from Cook, DuPage and Lake Counties below.

 

Illinois REALTORS® Video Series About the New Source of Income Law

Watch General Counsel Betsy Urbance and Legislative Attorney Matt Rentschler as they provide background information about “Source of Income.” Discover how it will became a protected fair housing class on Jan. 1, 2023, as part of the Illinois Human Rights Act. Governments in Chicago, Cook County, Champaign and Urbana have already incorporated the concept in their fair housing regulations.

General Counsel Betsy Urbance and Legislative Attorney Matt Rentschler answer 12 frequently asked questions about “Source of Income” that became a protected class under the Illinois Human Rights Act, on Jan. 1, 2023. 

General Counsel Betsy Urbance and Legislative Attorney Matt Rentschler outline numerous advantages to serving tenants with Housing Choice Vouchers, otherwise known as Section 8.

Learn what Source of Income best practices you should incorporate into your business as part of fair housing law in Illinois that started Jan. 1, 2023.

 

Housing Choice Voucher Success Stories

Jim H, Landlord in Northern Illinois
Yvette Jones, REALTOR® in South Cook County
Cindy K, HCV Tenant
Matricia Jackson, REALTOR® in South Cook County

 Local Housing Authority Resources

Housing Authority of Cook County

The Housing Authority of Cook County is the second largest public housing authority in Illinois. Established in 1946, the Housing Authority of Cook County is a municipal corporation whose jurisdiction spans 108 communities. We believe that when residents have access to affordable housing, economic opportunity and a suitable living environment free from discrimination, people thrive.

DuPage/Kendall Housing Authority

DuPage Housing Authority is a public housing agency (PHA) that administers the Housing Choice Voucher Program, a federally funded subsidized housing program under the US Department of Housing and Urban Development (HUD).

Lake County Housing Authority

Lake County Housing Authority (LCHA) is working to change the face of public housing in Lake County, IL. As one of the leading housing authorities in the state, our Agency provides housing and housing related services, for over 13,000 citizens of Lake County.

Frequently Asked Questions 

What is the Source of Income Law?
How Did We Get Here?
What is Non-Wage Income?
What are the Benefits to Landlords?
What are Common Myths Surrounding the Source of Income Law?
What do REALTORS® Need to Know About the Change to the Illinois Human Rights Act?

What Do Landlords Need to Know About the New Legislation?

The Illinois Human Rights Act now protects renters using non-wage sources of income. Your local REALTORS® have compiled the resources and information landlords need to remain compliant. Click here to learn what you need to know as a landlord to comply with the new legislation.