- a) A Preliminary Project Assessment fee in the amount of $750 for a Sponsor applying as a non-profit project.
- b) A Preliminary Project Assessment fee in the amount of $1,500 for a Sponsor applying as a for-profit project.
- c) An application fee in the amount of $1,500 for a Sponsor applying as a non-profit project.
- d) An application fee in the amount of $2,500 for a Sponsor applying as a for-profit project.
- e) A reservation fee of 1% of the 10-year credit amount (4% and 9%), due upon the issuance of a letter from the Authority to the Sponsor conditionally reserving tax credits in a specific amount for the project.
- f) $1,000 for issuance of an amended Form 8609 to the Internal Revenue Service.
- g) If a subsidy layering review is conducted, a fee of $1,000.
The Sponsor shall pay the following non-refundable fees in connection with its Application for tax credits:
(Source: Amended at 50 Ill. Reg. 8582, effective June 4, 2026)