Ill. Admin. Code tit. 47, § 355.601 - Agency Reports

Each Agency shall submit quarterly reports to the Authority setting forth the Agency's activities under the Program for that quarter. The report shall include the following information:

a) the amount of Affordable Housing Tax Credits reserved or allocated since the date of the last report;

b) the name and address of each Sponsor;

c) For each Affordable Housing Project:

1) the amount of Affordable Housing Tax Credits reserved or allocated;

2) the total number of Units or Single Family Residences in the Affordable Housing Project;

3) the number of Units or Single Family Residences to be occupied by Low-Income and Very Low-Income Households;

4) the type of Households to be served (such as elderly or special needs); and

5) for Multifamily Housing Projects, the number of bedrooms in each Unit;

d) For each Affordable Housing Project, the amount of Affordable Housing Tax Credits reserved or allocated for General Operating Support and Technical Assistance, and the Sponsor's use of that General Operating Support and Technical Assistance;

e) In connection with Technical Assistance for home ownership counseling services, the amount of Affordable Housing Tax Credits reserved or allocated and the number of Low-Income, Very Low-Income and, for Employer-Assisted Housing Projects, Moderate-Income Households receiving counseling; and

f) In connection with an Employer-Assisted Housing Project, the amount of Affordable Housing Tax Credits reserved or allocated and the number of Very Low-Income, Low-Income and Moderate-Income Households that received assistance.

Notes

Ill. Admin. Code tit. 47, § 355.601

Amended at 34 Ill. Reg. 15822, effective September 28, 2010