Indiana § 5-28-5-16 Recommendations; economic development tools; local communities in
distressed areas

Indiana Statutes

§ 5-28-5-16 — Recommendations; economic development tools; local communities in distressed areas

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 5 General Powers

The corporation may study and develop recommendations for economic development tools for local communities in distressed areas, particularly within the city of Elkhart, the city of Gary, and the city of Indianapolis, where:

(1)the unemployment rate within the local community is greater than the state unemployment rate; or

(2)twenty percent (20%) or more of individuals residing in the local community have a household income that is equal to or less than the federal poverty level as determined by the federal Office of Management and Budget.

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The corporation may study and develop
recommendations for economic development tools for local
communities in distressed areas, particularly within the city of Elkhart,
the city of Gary, and the city of Indianapolis, where:
(1) the unemployment rate within the local community is greater
than the state unemployment rate; or
(2) twenty percent (20%) or more of individuals residing in the
local community have a household income that is equal to or less
than the federal poverty level as determined by the federal Office
of Management and Budget.

Indiana § 5-28-5-16 (Recommendations; economic development tools; local communities in distressed areas) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.