TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 250 SINGLE FAMILY MORTGAGE PURCHASE PROGRAM II
SECTION 250.206 RESERVATION OF ALLOCATIONS BY LENDERS


 

Section 250.206  Reservation of Allocations by Lenders

 

The Authority may permit Lenders to contract to reserve a portion of their allocations of Net Proceeds to a particular seller or licensed real estate broker of Qualified Dwellings in such amounts and for such time periods as deemed appropriate by the Authority in its sole discretion.