TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 366 AFFORDABLE HOUSING BOND PROGRAM – SINGLE FAMILY
SECTION 366.303 COMMITMENTS FOR LOANS


 

Section  366.303  Commitments for Loans

 

Upon the date indicated on the Notice of Acceptance, the Lender may begin to issue commitments to Eligible Borrowers to make Loans.  The Lender may continue to issue firm commitments for the period set forth in the Notice of Acceptance.  All Loans shall be closed by the date indicated in the Notice of Acceptance.