Indiana Statutes
§ 5-1.2-15.5-19 — Guidelines; interest rate or parameters
Indiana § 5-1.2-15.5-19
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.2INDIANA FINANCE AUTHORITY
Ch. 15.5Residential Housing Infrastructure Assistance
This text of Indiana § 5-1.2-15.5-19 (Guidelines; interest rate or parameters) 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 § 5-1.2-15.5-19 (2026).
Text
(a)The authority shall establish the
interest rate or parameters for establishing the interest rate on each loan
made under this chapter, including parameters for establishing the
amount of interest subsidies.
(b)The authority, in setting the interest rate or parameters for
establishing the interest rate on each loan, may take into account the
following:
(1)Credit risk.
(2)Affordability.
(3)Other fiscal factors the authority considers relevant, including
the program's cost of funds and whether the financial assistance
provided to a particular participant is taxable or tax exempt under
federal law.
Based on the factors set forth in subdivisions (1) through (3), more than
one (1) interest rate may be established and used for loans to different
participants or for different loans to the
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Legislative History
As added by P.L.204-2023, SEC.5.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1.2-15.5-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.2-15.5-19.