5-20-5-1. “Agency” Defined
Sec. 1. As used in this chapter, “agency” means the agency or other entity that administers the affordable housing program under this chapter. As added by P.L.115-2000, SEC.1.
5-20-5-10. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-11. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-12. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-13. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-14. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-15. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-15.5. Affordable Housing Fund; Establishment by Eligible Entity; Uses; Investments; Notice to Authority
Sec. 15.5. (a) The governing body of an eligible entity that receives a grant under this chapter shall, by resolution, establish an affordable housing fund to be administered, subject to the terms of the resolution, by a department, a division, or an agency designated by the governing body. (b) The affordable housing fund consists of: […]
5-20-5-16. Allocation for Very Low Income Households
Sec. 16. An eligible entity must allocate at least fifty percent (50%) of the money received for the production, rehabilitation, or purchase of housing to the production, rehabilitation, or purchase of housing units to be occupied by very low income households. As added by P.L.115-2000, SEC.1.
5-20-5-17. Allocation for Nonprofit Corporation, Public Housing Authority, or Unit of Government
Sec. 17. An eligible entity must allocate at least fifty percent (50%) of the money received in program grants to a nonprofit corporation (as defined under Section 501(c) of the Internal Revenue Code), to a public housing authority (as defined in IC 36-7-18) or to a unit of government (as defined in IC 36-1-2-23). Money […]
5-20-5-18. Affordable Housing Fund Advisory Committees
Sec. 18. (a) An eligible entity shall establish an affordable housing fund advisory committee consisting of the following eleven (11) members: (1) One (1) member appointed by the executive of the eligible entity to represent the interests of low income families. (2) One (1) member appointed by the executive of the eligible entity to represent […]
5-20-5-19. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-2. “Authority” Defined
Sec. 2. As used in this chapter, “authority” means the Indiana housing and community development authority created by IC 5-20-1-3. As added by P.L.115-2000, SEC.1. Amended by P.L.1-2006, SEC.122; P.L.181-2006, SEC.40.
5-20-5-3. “Eligible Entity” Defined
Sec. 3. As used in this chapter, “eligible entity” refers to a city, town, or county. As added by P.L.115-2000, SEC.1.
5-20-5-4. “Families” Defined
Sec. 4. As used in this chapter, “families” has the meaning set forth in 42 U.S.C. 1437a(b)(3)(B). As added by P.L.115-2000, SEC.1.
5-20-5-5. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-6. “Lower Income Families” Defined
Sec. 6. As used in this chapter, “lower income families” has the meaning set forth in IC 5-20-4-5. As added by P.L.115-2000, SEC.1.
5-20-5-7. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.
5-20-5-8. Authority May Provide Grants and Loans
Sec. 8. The authority may provide grants and loans to eligible entities for programs that do any of the following: (1) Provide financial assistance to lower income families for the purchase of affordable housing in the form of grants, loans, and loan guarantees. (2) Provide rent and rent supplements to lower income families. (3) Provide […]
5-20-5-9. Repealed
As added by P.L.115-2000, SEC.1. Repealed by P.L.181-2006, SEC.62.