Section 110.93  Competitive Housing Rehabilitation Component

The competitive housing rehabilitation component targets projects proposing to rehabilitate existing housing stock.  The purpose is to provide decent, safe, and sanitary housing in conformity with local housing codes for low- to moderate-income persons.  Applicants may apply for up to $400,000 in Competitive Housing Rehabilitation funds.

a)         Project Eligibility Criteria:  For a project to be eligible for funding under this component, applicants must document the following:

1)         Program funds used in the rehabilitation of a residence will benefit 100% low- to moderate-income persons.

2)         At minimum, 20% of project costs will be paid from other non-Department funds.  Examples of other funding sources may include USDA Rural Development, Illinois Housing Development Authority (IHDA), local (in-kind), or property owners, except for accessibility projects that will not be required to provide leverage.

3)         That a project plan is presented which documents selection of the area targeted for assistance.

4)         The project is ready to proceed and expend funds and the project addresses the identified problem.

b)         Application Review and Approval

1)         Applications will be accepted once a year on a due date established at the beginning of the program year pursuant to Section 110.10(a)(4) of this Part.

2)         Applications will be prepared and submitted to the Department as specified in Section 110.70 of this Part.

3)         Applications will be reviewed in accordance with Section 110.104 of this Part.

(Source:  Amended at 29 Ill. Reg. 10017, effective June 28, 2005)