§ 302.302

Ill. Admin. Code tit. 47, § 302.302

Distribution of Grants

AUTHORITY: Implementing Section 3206 Homeowner Assistance Fund of the American Rescue Plan Act of 2021, Pub. L. 117-2 enacted in March 2021 and authorized by Section 7.19 of the Illinois Housing Development Act [20 ILCS 3805/7.19].ILLINOIS HOUSING DEVELOPMENT AUTHORITY

a) HAF Grants made by the Authority may cover all or any portion of the Eligibility Period.
b) When making HAF Grant payments to an Eligible Servicer on behalf of an Eligible Homeowner, the Authority must include a statement indicating which Eligible Homeowner the grant payment is being made on behalf of.
c) The Authority shall make reasonable efforts to obtain the cooperation of Eligible Servicers to accept HAF payments.