Indiana Statutes

§ 5-20-4-12 — Occupancy of housing developed with fund resources

Indiana § 5-20-4-12
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 20HOUSING
Ch. 4Affordable Housing and Community Development Fund

This text of Indiana § 5-20-4-12 (Occupancy of housing developed with fund resources) 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 § 5-20-4-12 (2026).

Text

Rental housing that is developed with money from the fund shall be made available for occupancy to low income families or very low income families for at least fifteen (15) years. In the event of foreclosure or equivalent action, the remaining affordability period may be waived by the authority.

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Legislative History

As added by P.L.69-1989, SEC.4. Amended by P.L.27-1993, SEC.22; P.L.1-2006, SEC.118; P.L.181-2006, SEC.36; P.L.1-2007, SEC.36.

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Bluebook (online)
Indiana § 5-20-4-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-20-4-12.