Section 380.107 Program Operating Fees
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Illinois Administrative Code › Title 47 HOUSING AND COMMUNITY DEVELOPMENT › CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY › Part 380 RENTAL HOUSING SUPPORT PROGRAM › Section 380.107 Program Operating Fees
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Section 380.107 Program Operating Fees
Allocations to LAAs, including any LAA designated by a Municipality,
shall include an amount to be paid to the LAA for the LAA's operating expenses
in connection with the administration of the Allocation, including, but not
limited to, the staff salaries and benefits of LAA employees for time spent
performing duties associated with the Allocation, including Unit inspections;
participation in Tenant referrals and determination of Tenant eligibility;
negotiation with prospective Landlords regarding participation in the RHS
Program; technical assistance; auditing and bookkeeping expenses; the LAA's use
of equipment in operating under the RHS Program (such as cars, copiers, paper
used in preparing required documentation, etc.); and costs for office space and
utilities incurred in operating under the RHS Program. The amount of funds for
an LAA's operating expenses shall not exceed 10% of the amount of an Allocation
that is less than or equal to $500,000 and 7% of the annual amount of an Allocation
that is greater than $500,000.
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