Section 43.190  Property Usage

a)         Any early childhood center purchased, constructed, or improved with grant funds shall continue to be operated by the grantee as an early childhood center for a period of at least 10 years from completion of the project. (See Section 5-300(b)(5) of the Act.)

b)         If, within 10 years after the completion of the project for which a grant was made under this Part, grantee ceases to use the property as an early childhood center, the grantee shall refund to the Board a prorated amount of the grant based on the number of months the grantee was not in compliance out of a total of 120 months.  Any partial month of noncompliance shall be included in the repayment amount.

c)         When grants are made to non-profit corporations for the acquisition or construction of new facilities, the Capital Development Board or any State agency it so designates shall hold title to or place a lien on the facility for a period of 10 years after the date of the grant award, after which title to the facility shall be transferred to the non-profit corporation or the lien shall be removed, provided that the non-profit corporation has complied with the terms of its grant agreement.  (Section 5-300(b-5) of the Act)

(Source:  Amended at 49 Ill. Reg. 6880, effective May 5, 2025)