§ 5-20-5-1 “Agency” defined
§ 5-20-5-2 “Authority” defined
§ 5-20-5-3 “Eligible entity” defined
§ 5-20-5-4 “Families” defined
§ 5-20-5-6 “Lower income families” defined
§ 5-20-5-8 Authority may provide grants and loans
§ 5-20-5-15.5 Affordable housing fund; establishment by eligible entity; uses; investments; notice to authority
§ 5-20-5-16 Allocation for very low income households
§ 5-20-5-17 Allocation for nonprofit corporation, public housing authority, or unit of government
§ 5-20-5-18 Affordable housing fund advisory committees

Terms Used In Indiana Code > Title 5 > Article 20 > Chapter 5 - Indiana Affordable Housing Fund

  • agency: means the agency or other entity that administers the affordable housing program under this chapter. See Indiana Code 5-20-5-1
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • authority: means the Indiana housing and community development authority created by IC 5-20-1-3. See Indiana Code 5-20-5-2
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • eligible entity: refers to a city, town, or county. See Indiana Code 5-20-5-3
  • families: has the meaning set forth in 42 U. See Indiana Code 5-20-5-4
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • lower income families: has the meaning set forth in IC 5-20-4-5. See Indiana Code 5-20-5-6