47 Ill. Adm. Code 368.302
Review
Section 368
Section 368.302 Review
Within 10 business days after
the receipt of a Request for Disbursement, the Staff shall determine whether
such request meets the requirements of Section 368.301. If such requirements
have been met, the Authority shall disburse Grant proceeds in the requested
amount to the Qualified Builder within 45 days after receipt of the Final
Certification Affidavit. If the Staff determines that the Request for
Disbursement does not meet such requirements, the Authority shall notify the
Qualified Builder in writing within 10 business days, stating the reasons why
the Request for Disbursement was denied; the Qualified Builder shall have 10
business days to correct any deficiencies in its Request for Disbursement.