Illinois Administrative Code
Title 14 - COMMERCE
Part 640 - RURAL DIVERSIFICATION ACT PROGRAM
Subpart A - RURAL DIVERSIFICATION LOAN PROGRAM
Section 640.30 - Eligible Projects

1) The improvement and expansion of business and industry in rural areas;

2) Creation of entrepreneurial and self-employment businesses;

3) Industry or region wide research directed to profit oriented uses of rural resources, and

4) Value added agricultural supply, production processing or reprocessing facilities or operations and shall include but not be limited to agricultural diversification projects (Section 3(d) of the Act).

1) Profit oriented nonproduction uses of Illinois land resources;

2) Growth and development of new crops or livestock not customarily grown or produced in this State; "new crops or livestock not customarily grown or produced in this State" does not include corn, soybeans, wheat, swine, or beef or dairy cattle; or

3) Developments which emphasize a vertical integration of grain or livestock produced or raised in this State into a finished product for consumption or use. "Vertical integration of grain or livestock produced or raised in this State" includes any new or existing grain or livestock grown or produced in this State (Section 3(f) of the Act).