Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE47. HOUSING AND COMMUNITY DEVELOPMENT |
PART1. STANDARD GRANT ADMINISTRATIVE REQUIREMENTS |
§1.20. Definitions
Latest version.
-
Department – The Department of Commerce and Community Affairs.
Director – The Director of the Department of Commerce and Community Affairs.
Equipment – Nonexpendable personal property having a useful life of more than one year and an acquisition cost of $300 or more per unit.
Grant Document – Contract documents between the Department and Grantee for a specific program period which details the responsibility of each party.
Grantee – The local organization or entity receiving grant funds and administering grant program.
Municipality – City, village or incorporated town.
OMB – The federal Office of Management and Budget.