Ill. Admin. Code tit. 47 § 385.301

Current through Register Vol. 48, No. 43, October 25, 2024

Section 385.301 - Community-Based Organizations Eligibility

a) The Community-Based Organizations are generally eligible to submit an Application for funding if they provide:

1) pre-purchase and post-purchase home ownership counseling;

2) education about the foreclosure process and the options of a homeowner in a foreclosure proceeding; and

3) foreclosure prevention programs in conjunction with the Authority or a State or federally chartered financial institution.

b) The Community-Based Organizations must agree to the terms and conditions of the Program in order to be eligible.

Ill. Admin. Code tit. 47, § 385.301