TITLE 71: PUBLIC BUILDINGS, FACILITIES, AND REAL PROPERTY
CHAPTER I: CAPITAL DEVELOPMENT BOARD
SUBCHAPTER a: RULES
PART 43 EARLY CHILDHOOD CONSTRUCTION GRANT RULES
SECTION 43.160 GRANT AWARD PROCESS
Section 43.160 Grant Award Process
a) Grants will be awarded by the Board.
b) Grants shall be subject to the Illinois Grant Funds Recovery Act [30 ILCS 705]. Any grant funds not legally obligated within two years after disbursement by the State shall be returned to the Board within 45 days.
c) Grant funds may only be used for the project described in the grant agreement. The applicant must provide matching funds in an amount equal to 10% of the grant amount. The grant amount shall not exceed more than 90% of the total project expenditures.
d) Applicants may apply for up to $5,000,000 per provider per application period and must demonstrate their ability to obtain balance of the funds required for the proposed project.
e) Grant awards of $250,000 or more are conditioned upon the recipient's written certification complying with the practices for minority-owned businesses, female-owned businesses, and businesses owned by persons with disabilities of the Business Enterprise for Minorities, Females and Persons with Disabilities Act [30 ILCS 575] and the equal employment practices of Section 2-105 of the Illinois Human Rights Act [775 ILCS 5/2-105].
f) Grants will be awarded based on the availability of funding within a given application period.
g) For grants awarded to not-for-profit corporations for the acquisition or construction of new facilities, the Board or any State agency it designates shall hold title to or place a lien on the facility for a period of 10 years after the date of the grant award, after which title to the facility shall be transferred to the not‑for‑profit corporation or the lien shall be removed, provided that the not-for-profit corporation has complied with the terms of its grant agreement. (Section 5-300(b-5) of the Act)