Illinois Administrative Code
Title 47 - HOUSING AND COMMUNITY DEVELOPMENT
Part 310 - MULTIFAMILY RENTAL HOUSING MORTGAGE LOAN PROGRAM
Subpart F - MARKETING AND MANAGEMENT
Section 310.601 - Marketing and Management
Universal Citation: 47 IL Admin Code ยง 310.601
Current through Register Vol. 48, No. 12, March 22, 2024
a) Responsibility. It shall be the responsibility of the Owner to provide for the marketing and management of the Development in a manner satisfactory to the Authority so as to promote the purposes of the Program and the financial stability of the Development and to preserve the value of the Authority's security interest in the Development.
b) All marketing and management contracts shall be evidenced on forms acceptable to the Authority pursuant to Section 310.602.
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