Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 505/22.4

(20 ILCS 505/22.4) (from Ch. 23, par. 5022.4)

Sec. 22.4.

Low-interest loans for child care facilities; Department of
Human Services. The Department of Human Services may establish, with
financing to be provided
through the issuance of bonds by the Illinois Finance Authority
pursuant to the Illinois Finance Authority Act, a low-interest loan program to help child care centers
and family day care homes accomplish the following:

(a) establish a child care program;

(b) meet federal, State and local child care

standards as well as any applicable health and safety standards; or

(c) build facilities or renovate or expand existing

facilities.

Such loans shall be available only to child care centers and family day
care homes serving children of low income families.

(Source: P.A. 93-205, eff. 1-1-04.)