Section 360.305  Site and Market Study/Rental Analysis

The Authority may conduct a site and market study when the Applicant seeks funds for new construction.  The Authority shall conduct a site and market study or rental analysis when the Applicant's proposed rent structure is not in conformity with the rental market rates known to the Authority within a one half mile radius of the Development.

(Source:  Amended at 18 Ill. Reg. 8663, effective May 25, 1994)