14 Ill. Adm. Code 510.220

Eligible Uses of Grant and Loan Funds

Last amended: 2022Year: 2026Length: 184 wordsOfficial source
Section 510 Section 510.220  Eligible Uses of Grant and Loan Funds a)         Eligible Projects and Activities – The Program shall provide grants and loans to eligible Applicants for Projects and activities including, but not limited to, the following: 1)         Capital Projects – land and building acquisition, construction and renovation of buildings for the purpose of creating or enhancing a Tourism Attraction; 2)         Equipment – purchase and installation of machinery and equipment designed to create or enhance the Tourism Attraction, or rental of equipment for a Festival; 3)         Training – development and presentation of hospitality, quality service and/or other types of tourism training programs intended to provide a competitive workforce for the tourism industry of Illinois; 4)         Interpretive Programs – creation, implementation and staffing of, and fabrication of exhibits for, interpretive programs located within historic/cultural sites. b)         Ineligible Projects and Activities – Projects and activities ineligible for funding include, but are not limited to, the following: 1)         Debt refinancing; 2)         Contingency funding; 3)         Normal operating expenses; and 4)         Administrative expenses except administrative expenses to hire temporary staff for Festivals; and 5)         Purchase of alcoholic beverages.
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