310 ILCS 95/5

(310 ILCS 95/5) Sec. 5. Definitions. In this Act: "Authority" means the Illinois Housing Development Authority. "Spec home" means a private single-family residence constructed by a builder or individual for sale on the open market and not built for an individual for immediate occupancy. (Source: P.A. 91-451, eff. 8-6-99.)