South Holland — Ch. 8.5 Housing § 8.5-22
Creation of the equity assurance commission
Operative Text
(a) There is hereby created an equity assurance commission (hereafter referred to as EAC) whose role will be to administer the equity assurance program (hereafter referred to as EAP). The specific duties and functions of the EAC in policy and administration shall include the following: (1) Conduct the day-to-day operations of the EAP, including the employment of appropriate personnel, acquisition of necessary office space, and the receipt and disbursement of EAP funds. (2) Establish policies and procedures for the EAP and recommend substantive changes to the board of trustees. (3) Select and enter into contractual arrangements necessary to administer the EAP subject to the approval of the president and board of trustees. (b) The equity assurance commission shall consist of three (3) individuals, appointed by the village president with the advice and consent of the board of trustees. The initial terms shall be as follows: (1) One (1) member whose term shall expire in one (1) year. (2) One (1) member whose term shall expire in two (2) years. (3) One (1) member whose term shall expire in three (3) years. All succeeding terms shall be for three (3) years.
South Holland's Ch. 8.5 Housing § 8.5-22 establishes the Equity Assurance Commission (EAC), a three-member body appointed by the village president with board of trustees approval. The EAC is responsible for running the day-to-day operations of the Equity Assurance Program (EAP), including managing staff, office space, and program funds. Members serve staggered initial terms of one, two, and three years, with all subsequent terms lasting three years, ensuring continuity of oversight.
Plain English — not legal advice.
Property owners and managers operating in South Holland should be aware that under § 8.5-22, the Equity Assurance Commission oversees the administration of the Equity Assurance Program, which may affect housing-related obligations in the village. Compliant operators generally stay informed of EAC-established policies and procedures, as the commission has authority to set program rules and enter into contracts subject to village approval. Monitoring updates from the EAC and the board of trustees is a standard practice for staying current with any program requirements.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section § 8.5-22 of South Holland's housing code creates the Equity Assurance Commission, the body that administers the Equity Assurance Program designed to serve residents. Tenants who believe they may be eligible for EAP benefits or who have concerns about how the program is being administered can direct inquiries to the EAC, which is responsible for day-to-day program operations. Tenant-rights organizations familiar with South Holland's housing programs can help residents understand what the EAP offers and what avenues exist for raising concerns about its administration.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 9, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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