Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE47. HOUSING AND COMMUNITY DEVELOPMENT |
PART355. ILLINOIS AFFORDABLE HOUSING TAX CREDIT PROGRAM |
SUBPART A. GENERAL RULES |
§ 355.101. Authority |
§ 355.102. Purpose and Objectives |
§ 355.103. Definitions |
§ 355.104. Compliance with Federal Law |
§ 355.105. Forms and Procedures for the Program |
§ 355.106. Fees and Charges |
§ 355.107. Amendment |
§ 355.108. Severability |
§ 355.109. Gender and Number |
§ 355.110. Titles and Captions |
SUBPART B. AFFORDABLE HOUSING TAX CREDIT ALLOCATIONS |
§ 355.201. Authority to Allocate Affordable Housing Tax Credits |
§ 355.202. Transfer of Agency Affordable Housing Tax Credit Ceiling |
§ 355.203. Application Process |
§ 355.204. Agency Review |
§ 355.205. Approval or Rejection by Agency |
§ 355.206. Sponsor Participation |
§ 355.207. Regulatory Agreement for Rental Projects |
§ 355.208. Project Documentation and Certification |
§ 355.209. Affordable Housing Tax Credit Allocation |
§ 355.210. Recapture of Affordable Housing Tax Credits |
§ 355.211. Rescission of Reservation of Affordable Housing Tax Credits |
SUBPART C. DONATIONS |
§ 355.301. Acceptable Types of Donations |
§ 355.302. Aggregation of Donations |
§ 355.303. Minimum Donation Amount |
§ 355.304. Cash |
§ 355.305. Securities |
§ 355.306. Real Property |
§ 355.307. Personal Property |
§ 355.308. Limitation on Donations |
§ 355.309. Transfer of Affordable Housing Tax Credits |
§ 355.310. Material Participation of Sponsor |
§ 355.311. Donations from State and Local Governments |
SUBPART D. PROJECTS |
§ 355.401. Single Family Project Requirements |
§ 355.402. Down Payment and Closing Cost Assistance [Repealed] |
§ 355.403. Employer-Assisted Housing Projects |
§ 355.404. Recapture Agreement |
§ 355.405. Multifamily Housing Projects |
§ 355.406. Set-Aside for Technical Assistance and General Operating Support |
§ 355.407. Limitations on Amount of Technical Assistance and General Operating Support |
§ 355.408. Technical Assistance – Home Ownership Counseling |
SUBPART E. COMPLIANCE MONITORING |
§ 355.501. Compliance Monitoring |
§ 355.502. Monitoring Fees |
§ 355.503. Books and Records |
§ 355.504. Furnishing Information |
SUBPART F. REPORTS |
§ 355.601. Agency Reports |
SOURCE: Adopted by emergency rulemaking at 25 Ill. Reg. 15636, effective November 29, 2001, for a maximum of 150 days; adopted at 26 Ill. Reg. 5902, effective April 15, 2002; emergency amendment at 26 Ill. Reg. 7325, effective April 26, 2002, for a maximum of 150 days; amended at 26 Ill. Reg. 13220, effective August 20, 2002; emergency amendment at 27 Ill. Reg. 5033, effective March 10, 2003, for a maximum of 150 days; emergency expired August 6, 2003; amended at 27 Ill. Reg. 14310, effective August 21, 2003; amended at 31 Ill. Reg. 5797, effective March 30, 2007; emergency amendment at 34 Ill. Reg. 6521, effective April 21, 2010, for a maximum of 150 days; emergency expired September 17, 2010; amended at 34 Ill. Reg. 15822, effective September 28, 2010.
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Notation
AUTHORITY: Section 7.28 of the Illinois Housing Development Act [20 ILCS 3805/7.28].