TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 360 AFFORDABLE HOUSING PROGRAM
SECTION 360.801 MARKETING AND MANAGEMENT
Section 360.801 Marketing and Management
a) It shall be the responsibility of the Recipient to provide for the marketing and management of the Development or Single-Family Development in a manner satisfactory to the Authority so as to promote the purposes of the Program and the financial stability of the Development or Single-Family Development and to preserve the value of the Authority's security interest in the Development or Single-Family Development.
b) All marketing and management plans shall be acceptable to the Authority pursuant to Section 360.802.
(Source: Amended at 18 Ill. Reg. 8663, effective May 25, 1994)