Illinois Administrative Code
Title 47 - HOUSING AND COMMUNITY DEVELOPMENT
Part 310 - MULTIFAMILY RENTAL HOUSING MORTGAGE LOAN PROGRAM
Subpart B - NOTICE OF PROPOSED DEVELOPMENTS
Section 310.201 - Applicability and Purpose of Notification

Current through Register Vol. 48, No. 12, March 22, 2024

a) Purpose

This Subpart is established to provide for notification to certain persons and agencies pursuant to Section 7.24 b of the Act that a developer proposes to construct or rehabilitate a Development in their district, county or municipality.

b) Compliance

A developer's Application shall not be deemed to be complete until the provisions of this Subpart have been complied with. A developer's failure to comply with the provisions of this Subpart shall relieve the Authority of all obligations to provide a Mortgage Loan for the proposed Development.

c) Developer's Acts

In responding to comments, attending hearings, or undertaking any other activities pursuant to this Subpart, a developer shall not hold itself out to represent the Authority and shall not take or suffer any act that would incur any obligation on behalf of the Authority.

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