Illinois Statutes
§ 7.24f
Illinois § 7.24f
JurisdictionIllinois
TopicGOVERNMENT
Ch. 20EXECUTIVE BRANCH
Act 20 ILCS 3805/Illinois Housing Development Act.
This text of Illinois § 7.24f is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
20 Ill. Comp. Stat. 7.24f (2026).
Text
The Authority may issue bonds or notes in an aggregate amount not to exceed $1,000,000 per year in each of fiscal years 1986, 1987, 1988 and 1989 for the purpose of financing single room occupancy facilities for low income individuals or families. If the Authority does not issue bonds or notes in such amount during any of those fiscal years, such financing authorization shall carry forward to the subsequent fiscal year. Such facilities must be determined by the Authority to be financially and operationally feasible, and such bond or note issuances are subject to the normal rating agency and financial market restrictions.
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Legislative History
(Source: P.A. 84-706.)
Nearby Sections
15
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Bluebook (online)
Illinois § 7.24f, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/20/7.24f.