Indiana § 5-20-3-6 Contracts for state financial assistance; mutual housing associations;
grants and loans

Indiana Statutes

§ 5-20-3-6 — Contracts for state financial assistance; mutual housing associations; grants and loans

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 20 HOUSING·Ch. 3 Mutual Housing Associations

The Indiana housing and community
development authority may enter into a contract with a mutual housing
association to provide financial assistance for the construction,
rehabilitation, ownership, or operation of housing for families of low
and moderate income. State financial assistance may be in the form of
grants, loans, or a combination of grants and loans and may be used for
the acquisition or development of housing sites and for the costs
incurred in the development of the housing. Grants may not exceed the
development cost of the housing project.

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The Indiana housing and community
development authority may enter into a contract with a mutual housing
association to provide financial assistance for the construction,
rehabilitation, ownership, or operation of housing for families of low
and moderate income. State financial assistance may be in the form of
grants, loans, or a combination of grants and loans and may be used for
the acquisition or development of housing sites and for the costs
incurred in the development of the housing. Grants may not exceed the
development cost of the housing project.

Indiana § 5-20-3-6 (Contracts for state financial assistance; mutual housing associations; grants and loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.