Illinois Administrative Code
Title 47 - HOUSING AND COMMUNITY DEVELOPMENT
Part 310 - MULTIFAMILY RENTAL HOUSING MORTGAGE LOAN PROGRAM
Subpart C - OWNER
Section 310.305 - Audits

The Development and the offices, architectural plans and specifications, apparatuses, books and records, contracts, documents and other papers relating to the development shall at all times be maintained in reasonable condition for proper audit and shall be subject to inspection, examination and copying by the Authority and its authorized representatives or agents at such times as the Authority reasonably requires. All audits, certifications and financial reports that the Owner is required by contract with the Authority to allow, undertake or prepare shall be made by an independent certified public accountant acceptable to the Authority.