Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 1100 - ILLINOIS FINANCE AUTHORITY
Subpart I - AMBULANCE REVOLVING LOAN PROGRAM
Section 1100.905 - Purpose

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

a) OSFM and the Authority may jointly administer a Program to provide zero-interest loans or low-interest loans to eligible applicants to finance or reimburse all or a portion of the cost of purchasing ambulances subject to availability of funds.

b) For-profit entities are not eligible to apply for a loan under this Program. Units of local government that do not operate fire departments are similarly not eligible (e.g., a municipality that contracts for ambulance services from another municipality or fire protection district is ineligible).

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