TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT
CHAPTER I: DEPARTMENT OF COMMERCE AND COMMUNITY AFFAIRS
PART 600 ILLINOIS EQUITY INVESTMENT FUND
SECTION 600.50 FUNDING LIMITATIONS


 

Section 600.50  Funding Limitations

 

In accordance with Section 9-5(b) of the Act, the Director will waive the funding limitation governing the amount of the equity and percentage of leverage when it is determined that these funding limitations would prohibit an otherwise approved project, in accordance with Sections 600.30 and 600.40, and subsequent job creation from occurring.