Cal. Civ. Code § 380.411
Reconciliations
Operative Text
Each LAA shall perform a Reconciliation every quarter during the term of its Commitment and, if the Reconciliation indicates that the LAA has received funds exceeding of the amount required for Rental Assistance payments, the LAA shall return all excess funds to its funding Agency within 30 days. However, an LAA created by a Municipality must use the excess funds to provide Rental Assistance for additional Units.� The funding Agency may reduce the amount of subsequent quarterly payments to the LAA under the Commitment to offset Reconciliation amounts owing to, but not forwarded to, the Agency.
Under 47 Ill. Admin. Code pt. 380 § 380.411, Local Administering Agencies (LAAs) are required to conduct a financial reconciliation every quarter throughout the duration of their funding commitment. If a reconciliation reveals that an LAA has received more funds than it actually needed for rental assistance payments, the excess must generally be returned to the funding agency within 30 days—unless the LAA was created by a municipality, in which case the excess must instead be directed toward rental assistance for additional units. The funding agency is also permitted to reduce future quarterly disbursements to account for any reconciliation amounts that were owed but not returned.
Plain English — not legal advice.
Property owners and managers participating in rental assistance programs administered under 47 Ill. Admin. Code pt. 380 § 380.411 should be aware that the LAA overseeing their program is subject to quarterly financial reconciliation requirements. If an LAA is found to have excess funds, those funds are either returned to the state funding agency or redirected to assist additional units, which can affect the availability and continuity of rental assistance payments. Operators generally maintain clear records of assistance payments received so they can respond promptly if an LAA's reconciliation process raises questions about disbursements.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Tenants receiving rental assistance through a program governed by 47 Ill. Admin. Code pt. 380 § 380.411 should know that the agency administering their assistance is required to reconcile its funds every quarter. If excess funds are identified, they may be returned to the state or used to expand assistance to additional units, depending on how the LAA was established—which can influence how many households receive support. Tenants who have concerns about changes to their assistance payments may consider reaching out to their LAA directly, contacting a local tenant-rights organization, or inquiring with the Illinois funding agency overseeing the program.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 18, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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