Illinois Compiled Statutes 310 ILCS 75/3 – Definitions
Current as of: 2024 | Check for updates
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As used in this Act, unless the context clearly requires otherwise:
“Elderly person” means a person 62 years of age or older.
“Person with a disability” means a person having a physical or mental impairment that:
(1) is expected to be of long-continued and
“Elderly person” means a person 62 years of age or older.
Terms Used In Illinois Compiled Statutes 310 ILCS 75/3
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
“Person with a disability” means a person having a physical or mental impairment that:
(1) is expected to be of long-continued and
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indefinite duration,
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(2) substantially impedes the person’s ability to
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live independently, and
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(3) is of such a nature that this ability could be
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improved by more suitable housing conditions.
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“Subsidized housing” means any housing or unit of housing financed by a loan or mortgage held by the Illinois Housing Development Authority, a local housing authority, or the federal Department of Housing and Urban Development (“HUD”) under one of the following circumstances:
(1) Insured or held by HUD under Section 221(d)(3) of
(1) Insured or held by HUD under Section 221(d)(3) of
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the National Housing Act and assisted under Section 101 of the Housing and Urban Development Act of 1965 or Section 8 of the United States Housing Act of 1937.
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(2) Insured or held by HUD and bears interest at a
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rate determined under the proviso of Section 221(d)(3) of the National Housing Act.
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(3) Insured, assisted, or held by HUD under Section
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202 or 236 of the National Housing Act.
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(4) Insured or held by HUD under Section 514 or 515
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of the Housing Act of 1949.
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(5) Insured or held by HUD under the United States
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Housing Act of 1937.
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(6) Held by HUD and formerly insured under a program
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listed in paragraph (1), (2), (3), (4), or (5).
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