Indiana § 5-20-5-8 Authority may provide grants and loans

Indiana Statutes

§ 5-20-5-8 — Authority may provide grants and loans

Indiana § 5-20-5-8

Title 5STATE AND LOCAL ADMINISTRATION

Art. 20HOUSING

Ch. 5Indiana Affordable Housing Fund

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Bluebook

Ind. Code § 5-20-5-8 (2026).

Text

The authority may provide grants and loans to eligible entities for programs that do any of the following:

(1)Provide financial assistance to lower income families for the purchase of affordable housing in the form of grants, loans, and loan guarantees.

(2)Provide rent and rent supplements to lower income families.

(3)Provide loans or grants for the acquisition, construction, rehabilitation, development, operation, and insurance of affordable housing for lower income families.

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The authority may provide grants and loans to
eligible entities for programs that do any of the following:
(1) Provide financial assistance to lower income families for the
purchase of affordable housing in the form of grants, loans, and
loan guarantees.
(2) Provide rent and rent supplements to lower income families.
(3) Provide loans or grants for the acquisition, construction,
rehabilitation, development, operation, and insurance of
affordable housing for lower income families.