The General Assembly hereby finds and declares that:
(1) Current economic conditions, federal housing policies, and declining resources at the federal, state, and local levels adversely affect the ability of individuals to obtain safe, decent, and affordable rural housing;

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Terms Used In Kentucky Statutes 198A.742


(2) An increasing number of individuals are homeless, at risk of becoming homeless, or live in overcrowded, inadequate, and unsafe rural housing units; and
(3) It is in the public interest to establish a continuously renewable resource known as a rural housing trust fund to assist moderate income individuals in meeting basic housing needs.
Effective: March 24, 2023
History: Created 2023 Ky. Acts ch. 92, sec. 30, effective March 24, 2023.