The Illinois Asset Building Group (IABG) is a diverse statewide coalition invested in building the stability and strength of Illinois communities through increased asset ownership and asset protection.
People seeking TANF assistance in Illinois cannot own more than $2,000 in non-exempt assets at any one point in time ($2,000 for one person, $3,000 for two people, and $50 for each additional person). This asset limit prevents families from building emergency savings, which could pay for unexpected expenses like medical bills, car repairs, or childcare.
