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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.
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(20 ILCS 3805/7.21) (from Ch. 67 1/2, par. 307.21)
Sec. 7.21.
The Authority may make grants to nonprofit corporations for
operating, administrative and other expenses of planning, constructing,
rehabilitating
and operating developments under assisted or unassisted mortgage financing programs
and may make grants to nonprofit corporations or limited-profit entities
for the benefit of residents of developments in order to achieve lower
rentals for some or all of the units within developments financed under
assisted or unassisted mortgage financing programs.
(Source: P.A. 83-1251.)
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