Illinois Administrative Code
Title 47 - HOUSING AND COMMUNITY DEVELOPMENT
Part 366 - AFFORDABLE HOUSING BOND PROGRAM - SINGLE FAMILY
Subpart F - ADMINISTRATIVE RULES
Section 366.604 - Termination
Universal Citation: 47 IL Admin Code ยง 366.604
Current through Register Vol. 48, No. 12, March 22, 2024
The Authority shall retain the right to establish procedures for the termination of its obligation to purchase Loans associated with any particular issue of Bonds under the Program, subject to applicable State law and to its existing contractual obligations, including contractual obligations arising under a HomeBuilder Participation Agreement, a Lender Application, a Notice of Acceptance, a Mortgage Purchase Agreement and a Servicing Agreement.
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