TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PART 300 HOMEOWNERSHIP MORTGAGE LOAN PROGRAM The General Assembly's Illinois Administrative Code database includes only those rulemakings that have been permanently adopted. This menu will point out the Sections on which an emergency rule (valid for a maximum of 150 days, usually until replaced by a permanent rulemaking) exists. The emergency rulemaking is linked through the notation that follows the Section heading in the menu. View Entire Part 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.