TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PART 355 ILLINOIS AFFORDABLE HOUSING TAX CREDIT 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 355.101 Authority Section 355.102 Purpose and Objectives Section 355.103 Definitions Section 355.104 Compliance with Federal Law Section 355.105 Forms and Procedures for the Program Section 355.106 Fees and Charges Section 355.107 Amendment Section 355.108 Severability Section 355.109 Gender and Number Section 355.110 Titles and Captions SUBPART B: AFFORDABLE HOUSING TAX CREDIT ALLOCATIONS Section 355.201 Authority to Allocate Affordable Housing Tax Credits Section 355.202 Transfer of Agency Affordable Housing Tax Credit Ceiling Section 355.203 Application Process Section 355.204 Agency Review Section 355.205 Approval or Rejection by Agency Section 355.206 Sponsor Participation Section 355.207 Regulatory Agreement for Rental Projects Section 355.208 Project Documentation and Certification Section 355.209 Affordable Housing Tax Credit Allocation Section 355.210 Recapture of Affordable Housing Tax Credits Section 355.211 Rescission of Reservation of Affordable Housing Tax Credits SUBPART C: DONATIONS Section 355.301 Acceptable Types of Donations Section 355.302 Aggregation of Donations Section 355.303 Minimum Donation Amount Section 355.304 Cash Section 355.305 Securities Section 355.306 Real Property Section 355.307 Personal Property Section 355.308 Limitation on Donations Section 355.309 Transfer of Affordable Housing Tax Credits Section 355.310 Material Participation of Sponsor Section 355.311 Donations from State and Local Governments SUBPART D: PROJECTS Section 355.401 Single Family Project Requirements Section 355.402 Down Payment and Closing Cost Assistance (Repealed) Section 355.403 Employer-Assisted Housing Projects Section 355.404 Recapture Agreement Section 355.405 Multifamily Housing Projects Section 355.406 Set-Aside for Technical Assistance and General Operating Support Section 355.407 Limitations on Amount of Technical Assistance and General Operating Support Section 355.408 Technical Assistance – Home Ownership Counseling SUBPART E: COMPLIANCE MONITORING Section 355.501 Compliance Monitoring Section 355.502 Monitoring Fees Section 355.503 Books and Records Section 355.504 Furnishing Information SUBPART F: REPORTS Section 355.601 Agency Reports

AUTHORITY: Section 7.28 of the Illinois Housing Development Act [20 ILCS 3805/7.28].

SOURCE: Adopted by emergency rulemaking at 25 Ill. Reg. 15636, effective November 29, 2001, for a maximum of 150 days; adopted at 26 Ill. Reg. 5902, effective April 15, 2002; emergency amendment at 26 Ill. Reg. 7325, effective April 26, 2002, for a maximum of 150 days; amended at 26 Ill. Reg. 13220, effective August 20, 2002; emergency amendment at 27 Ill. Reg. 5033, effective March 10, 2003, for a maximum of 150 days; emergency expired August 6, 2003; amended at 27 Ill. Reg. 14310, effective August 21, 2003; amended at 31 Ill. Reg. 5797, effective March 30, 2007; emergency amendment at 34 Ill. Reg. 6521, effective April 21, 2010, for a maximum of 150 days; emergency expired September 17, 2010; amended at 34 Ill. Reg. 15822, effective September 28, 2010.