Indiana Statutes

§ 6-3.1-40.9-1 — "Affordable housing organization"

Indiana § 6-3.1-40.9-1
JurisdictionIndiana
Art. 3.1STATE TAX LIABILITY CREDITS
Ch. 40.9Attainable Homeownership Tax Credit

This text of Indiana § 6-3.1-40.9-1 ("Affordable housing organization") 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 § 6-3.1-40.9-1 (2026).

Text

As used in this chapter, "affordable housing organization" refers to an organization that:

(1)is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code; and
(2)uses volunteers to build, renovate, and develop homeownership units for individuals whose income is at least thirty percent (30%) and not more than eighty percent (80%) of the area median income.

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Legislative History

As added by P.L.201-2023, SEC.104.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-3.1-40.9-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.1-40.9-1.