Indiana Code 5-1.2-15.5-13. Duties
Current as of: 2023 | Check for updates
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Sec. 13. The authority shall do the following under this chapter:
(2) Prepare and provide program information to participants.
(1) Manage the program.
Terms Used In Indiana Code 5-1.2-15.5-13
- eligible project: means a project for housing infrastructure. See Indiana Code 5-1.2-15.5-2
- program: refers to the residential housing infrastructure assistance program established by section 8 of this chapter. See Indiana Code 5-1.2-15.5-5
(3) Negotiate the negotiable aspects of each financial assistance agreement.
(4) Prepare or cause to be prepared each financial assistance agreement.
(5) Sign each financial assistance agreement.
(6) Conduct or cause to be conducted an evaluation as to the financial ability of each participant to pay the loan and other obligations evidencing the loans, if required to be paid, and comply with the financial assistance agreement.
(7) Review each proposed eligible project and financial assistance agreement to determine if the project meets the credit, economic, or fiscal criteria established by guidelines of the authority.
As added by P.L.204-2023, SEC.5.