Ill. Admin. Code tit. 47 § 360.601

Current through Register Vol. 48, No. 50, December 13, 2024

Section 360.601 - Maximum Loan Amount and Priority

Loans shall not exceed $1,250,000 for each Recipient. Priority shall be given to those applications which propose the lowest per unit total cost, lowest monthly housing expense, and longest affordability restrictions.

Ill. Admin. Code tit. 47, § 360.601

Amended at 23 Ill. Reg. 8819, effective July 26, 1999