Indiana § 36-7-16-3 Appropriations; federal monies and monies received on resale of
property; grants to homeowners

Indiana Statutes

§ 36-7-16-3 — Appropriations; federal monies and monies received on resale of property; grants to homeowners

Indiana § 36-7-16-3

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 16Home Rehabilitation Loans

This text of Indiana § 36-7-16-3 (Appropriations; federal monies and monies received on resale of property; grants to homeowners) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-7-16-3 (2026).

Text

(a)A unit having an agency may appropriate money to the agency for the purpose of making rehabilitation loans and administering this chapter.

(b)The unit, through its agency, may use federal monies that it receives for these purposes and monies that it receives as a result of the sale or lease of property to which it has held title as a result of failure to comply with the terms of a loan or grant made under this chapter.

(c)A unit, through its agency, may make home rehabilitation grants to bona fide homeowners, if the monies used for these grants are received only from federal grants and are appropriated under the terms and regulations of the granting federal entity. Federal grants that may be used under this subsection include monies appropriated to units under the 1974 Community Deve

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(a) A unit having an agency may appropriate
money to the agency for the purpose of making rehabilitation loans and
administering this chapter.
(b) The unit, through its agency, may use federal monies that it
receives for these purposes and monies that it receives as a result of the
sale or lease of property to which it has held title as a result of failure
to comply with the terms of a loan or grant made under this chapter.
(c) A unit, through its agency, may make home rehabilitation grants
to bona fide homeowners, if the monies used for these grants are
received only from federal grants and are appropriated under the terms
and regulations of the granting federal entity. Federal grants that may
be used under this subsection include monies appropriated to units
under the 1974 Community Development Act, as amended (42 U.S.C.
sections 5301-5318).
[Pre-Local Government Recodification Citation: 18-7-7.5-2
part.]
As added by Acts 1981, P.L.309, SEC.35.