Ill. Admin. Code tit. 47, § 365.203 – Eligible Mortgagors Who May Receive Loans | Midpage
§ 365.203
Ill. Admin. Code tit. 47, § 365.203
Eligible Mortgagors Who May Receive Loans
AUTHORITY: Implementing Sections 7.19 and 7.25 of the Illinois Housing Development Act [20 ILCS 3805/7.19 and 7.25] and authorized by Sections 4 and 7(e) of the Illinois Affordable Housing Act [310 ILCS 65/4 and 7(e)].ILLINOIS HOUSING DEVELOPMENT AUTHORITY
The recipients of Loans funded by the proceeds of Bonds or Notes are required at all times to be Eligible Mortgagors.