Ill. Admin. Code tit. 47, § 381.206 – Review of Applications | Midpage
§ 381.206
Ill. Admin. Code tit. 47, § 381.206
Review of Applications
AUTHORITY: Authorized by Section 7.19 of the Illinois Housing Development Act [20 ILCS 3805/7.19] and Section 7.31(a) of the Illinois Housing Development Act [20 ILCS 3805/7.31(a)].ILLINOIS HOUSING DEVELOPMENT AUTHORITY
a) Application Screening. The Authority will review all Applications to confirm that all elements of the Application package have been addressed. Applicants will be notified of deficiencies in Applications and will be given the opportunity to correct non-material deficiencies. Non-material deficiencies are non-significant deficiencies that, by their existence, do not impact the Applicant's ability to meet the requirement of Section 381.205 and of this Section. Completed Applications will be reviewed and evaluated by Authority staff in accordance with subsections (b) through (e) of this Section.
b) Basic Eligibility Evaluation. Each Application will be reviewed to assure that the Applicant is a municipality or county.
c) Willingness to Perform. The Applicant must commit to remain ready, willing and able to expend Program funds for Eligible Uses in a timely manner.
d) Costs. The Applicant must demonstrate that the costs identified in the Application are Eligible Uses under Section 381.203.
e) Capacity. The Applicant must demonstrate that the proposed activities identified in the Application can be accomplished.