TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 360 AFFORDABLE HOUSING PROGRAM
SECTION 360.602 MAXIMUM GRANT AMOUNT
Section 360.602 Maximum Grant Amount
Grants by a Recipient to a Very Low-Income Household shall not exceed $5,000. Grants by a Recipient to a Low-Income Household shall not exceed 3,000. Grants to organizations or corporations shall not exceed $750,000. Grants are not available to for-profit entities. All other provisions of this Part apply to Grants made by the Authority.
(Source: Amended at 23 Ill. Reg. 8819, effective July 26, 1999)