Illinois General Assembly - Illinois Compiled Statutes

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310 ILCS 10/14

(310 ILCS 10/14) (from Ch. 67 1/2, par. 14)

Sec. 14. Approval of projects by Department.

Prior to the acquisition of title to any real property an
Authority shall submit to the Department
data as to the location and cost of the property, and prior to the
undertaking of any construction or other initiation of a project an
Authority shall submit to the Department the
proposed plans, specifications and estimates of the costs and a
statement of the proposed methods of financing and operating the
project.  An Authority shall not finally acquire title to any real
estate nor undertake the construction or operation of a project without
the approval of the Department; provided that, if the
Department shall fail within thirty days
after receipt thereof to state its disapproval of the proposals or such
modifications thereof as it may deem desirable, the proposals shall be
deemed to have been approved as submitted.  No change involving an
expenditure of more than twenty-five hundred dollars ($2500) shall be
made in any proposal approved by the Department
without submission to the Department
in the manner prescribed in this Section.  The provisions of this
Section shall not apply with reference to any project which is or is to
be financed in whole or in part by the federal government or any agency
or instrumentality thereof or undertaken pursuant to the additional powers conferred in Section 8.2 upon housing authorities in any municipality or county having a population in excess of 1,000,000.

(Source: P.A. 101-632, eff. 6-5-20.)