Illinois Administrative Code
Title 14 - COMMERCE
Part 610 - PUBLIC INFRASTRUCTURE LOAN AND GRANT PROGRAMS
Subpart B - AFFORDABLE FINANCING OF PUBLIC INFRASTRUCTURE LOAN AND GRANT PROGRAM
Section 610.700 - Selection for Funding for Direct Grants and Loans
Universal Citation: 14 IL Admin Code ยง 610.700
Current through Register Vol. 48, No. 38, September 20, 2024
Department staff will conduct an evaluation of each application submitted. Applicants that best meet the objectives of the Act through satisfaction of the evaluation criteria specified in Section 610.600 will be funded until all available grant or loan financing is expended. The amount of grant or loan financing made available by the Department will be based upon the extent to which the applicant provides evidence of economic development benefit to the community or reduces a threat to public health or safety.
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