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 § 5-20-3-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 20HOUSING

Ch. 3Mutual Housing Associations

This text of Indiana § 5-20-3-6 (Contracts for state financial assistance; mutual housing associations; grants and loans) 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 § 5-20-3-6 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.