Illinois Compiled Statutes 310 Housing: Article -
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 1
Short title. This Act may be cited as the Teacher Homebuyer Assistance Act. (Source: P.A. 95-449, eff. 8-27-07.)
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 5
Legislative findings and declarations. The General Assembly finds and declares all of the following: (1) Attracting and retaining fully qualified teachers is of paramount importance...
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 10
Definitions. In this Act: "Authority" means the Illinois Housing Development Authority. "Hard-to-staff position" means a teaching category (such as special education, mathematics, or science) in...
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 15
Teacher homebuyer assistance program. (a) Subject to appropriation, the Authority shall establish and administer a teacher homebuyer assistance program and allocate funds in accordance with...
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 20
Qualifying for loan. In order to qualify for a loan under this Act, all of the following criteria must be met: (1) The borrower must...
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 25
Rules. The State Board of Education and the Authority may adopt any rules necessary to carry out their responsibilities under this Act. (Source: P.A. 95-449,...
- Illinois Teacher Homebuyer Assistance Act. - 310 ILCS 115, Section 99
Effective date. This Act takes effect upon becoming law. (Source: P.A. 95-449, eff. 8-27-07.)
Last modified: February 18, 2015