ADMINISTRATIVE CODE

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  3. TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
  4. CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 300 HOMEOWNERSHIP MORTGAGE LOAN PROGRAM
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SUBPART A: GENERAL RULES

Section 300.101 Authority
Section 300.102 Purposes and Objectives
Section 300.103 Definitions
Section 300.104 Borrowing by the Authority
Section 300.105 Compliance with Federal Law
Section 300.106 Standards
Section 300.107 Forms for the Program
Section 300.108 Fees and Charges of the Authority
Section 300.109 Amendment
Section 300.110 Severability
Section 300.111 Gender and Number
Section 300.112 Titles and Captions
Section 300.113 Calendar Days

SUBPART B: LENDER APPLICATION PROCESS

Section 300.201 Invitations to Participate in the Programs
Section 300.202 Notice of Acceptance
Section 300.203 Commitments for Mortgage Loans

SUBPART C: PURCHASE OF MORTGAGE LOANS

Section 300.301 Mortgage Loans
Section 300.302 Yield on Certain Mortgage Loans
Section 300.303 Terms and Conditions of the Purchase of Mortgage Loans
Section 300.304 Prepayments
Section 300.305 Targeted Area Residences

SUBPART D: PURCHASE AND SALE OF MORTGAGE-BACKED SECURITIES

Section 300.401 Purchase of Mortgage-Backed Securities
Section 300.402 Sale of Mortgage-Backed Securities
Section 300.403 Yield on Certain Mortgage-Backed Securities
Section 300.404 Prepayments

SUBPART E: ADMINISTRATIVE RULES

Section 300.501 Restrictions on Compensation of Lenders
Section 300.502 Servicing of Mortgage Loans
Section 300.503 Equal Opportunity Lending
Section 300.504 Inspection of Books and Records
Section 300.505 Termination
AUTHORITY: Authorized by Sections 7.19 and 7.23 of the Illinois Housing Development Act [20 ILCS 3805].
SOURCE: Adopted by emergency rulemaking at 36 Ill. Reg. 1783, effective January 23, 2012, for a maximum of 150 days; amended at 36 Ill. Reg. 9189, effective June 7, 2012; amended at 43 Ill. Reg. 10501, effective September 5, 2019; amended at 48 Ill. Reg. 14642, effective September 26, 2024.