Ill. Admin. Code tit. 47, § 355.210 – Recapture of Affordable Housing Tax Credits | Midpage
§ 355.210
Ill. Admin. Code tit. 47, § 355.210
Recapture of Affordable Housing Tax Credits
Effective Aug 21, 200327 Ill. Reg. 14310AUTHORITY: Section 7.28 of the Illinois Housing Development Act [20 ILCS 3805/7.28].ILLINOIS HOUSING DEVELOPMENT AUTHORITY
Except in the case of fraud committed by a Donor, there shall be no recapture of Affordable Housing Tax Credits after Allocation.
(Source: Amended at 27 Ill. Reg. 14310, effective August 21, 2003)