TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 260 HOMEOWNER MORTGAGE REVENUE BOND PROGRAM
SECTION 260.104 BORROWING BY THE AUTHORITY
Section 260.104 Borrowing by the Authority
To the extent allowed by State or federal law and the Act, the Authority may borrow funds with which to purchase Mortgage Loans or securities, or to facilitate the origination of Mortgage Loans under the Programs.
(Source: Amended at 33 Ill. Reg. 7295, effective May 22, 2009)