Section 355.208  Affordable Housing Project Documentation and Certification

On or before the Initial Closing Date of an Affordable Housing Project, the Sponsor shall provide to the Agency the following documentation:

a)         a certification of the amount of the Donation and documentation as the Agency shall require under Sections 355.304, 355.305, 355.306 and 355.307 of this Part to substantiate the facts set forth in the certification;

b)         the name and address of the Sponsor;

c)         the total number of units or Single Family Residences;

d)         the number of units or Single Family Residences to be occupied by Low-Income and Very Low-Income Households;

e)         the type of Households to be served (such as elderly or special needs);

f)          for Multifamily Housing Projects, the number of bedrooms in each unit; and

g)         the amount of Affordable Housing Tax Credits allocated for General Operating Support and Technical Assistance, and the uses of such General Operating Support and Technical Assistance.

(Source:  Amended at 31 Ill. Reg. 5797, effective March 30, 2007)