(310 ILCS 30/3)
(from Ch. 67 1/2, par. 94)
A housing authority, in the development and management of any
housing project developed in whole or in part with grants from the funds
appropriated for this Act, shall conform with following standards;
(1) Any such project shall not be of elaborate or expensive design or
materials and shall be planned and developed to promote economy both in
construction and administration.
(2) The average construction cost of dwelling accommodations (exclusive
of land and site clearance) in any such project shall not be greater than
the average construction cost of dwelling accommodations currently produced
by private enterprise in the area of operation of the housing authority
undertaking such project, under the legal building requirements applicable
to the proposed site, and under labor standards not lower than those
applicable to such project.
(3) Rentals shall be fixed and tenants selected in accordance with the
provisions of the Housing Authorities Act; provided that first preference
for occupancy shall be granted to eligible persons from the area of the
redevelopment project that cannot otherwise be rehoused in decent, safe and
uncongested dwelling accommodations within their financial reach and that
such preference shall continue until such persons are rehoused.
(Source: Laws 1947, p. 1089.)