Indiana Code > Title 5 > Article 20 > Chapter 5 – Indiana Affordable Housing Fund


§ 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

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

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 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