Ill. Admin. Code tit. 47 § 369.104

Current through Register Vol. 48, No. 50, December 13, 2024
Section 369.104 - Standards

In administering the Program, the Authority, the Chairman, the Director, and the Staff shall consider, in addition to the criteria specifically set forth in this Part (particularly in Subparts B and C), the following: the purposes of the Program to provide decent, safe, and sanitary multifamily rental housing; the requirements of applicable State and federal law; the financial condition and previous experience of potential and participating developers; the financial integrity of the Program; the housing needs of the State; the desirability of achieving a reasonable geographic distribution of Qualified Developments throughout the State; and specific standards for the LIHTC program set forth in the QAP and the references embedded therein (found at https://www.ihda.org/developers/qap/).

Ill. Admin. Code tit. 47, § 369.104

Adopted at 46 Ill. Reg. 5975, effective 3/31/2022.