Ill. Admin. Code tit. 35 § 886.505

Current through Register Vol. 48, No. 42, October 18, 2024

Section 886.505 - Limitations on Loan Amounts

a) The maximum loan amount for site investigation activities shall not exceed $120,000 per site.

b) The maximum loan amount for any single application submitted pursuant to Section 886.215 (Applications for Brownfields Redevelopment Loans) of this Part shall be limited to $500,000.

c) The maximum loan amount for any single project shall be $1,000,000. (Section 58.15(b)(3) of the Act)

Ill. Admin. Code tit. 35, § 886.505