Utah Statutes
§ 35A-8-501 — Definitions.
Utah·Title 35A Utah Workforce Services Code·Ch. 35A-8 Housing and Community Development Division·Part 35A-8-5 Olene Walker Housing Loan Fund
As used in this part:
(1)"Affordable housing" means housing occupied or reserved for occupancy by households whose incomes are at or below certain income requirements at rental rates affordable to such households.
(2)"Board" means the Housing Board created by this part.
(3)"Fund" means the Olene Walker Housing Loan Fund created by this part.
(4)(4)(a) "Housing sponsor" means a person who constructs, develops, rehabilitates, purchases, or owns a housing development that is or will be subject to legally enforceable restrictive covenants that require the housing development to provide, at least in part, affordable housing.
(4)(b) "Housing sponsor" may include:
(4)(b)(i) a local public body;
(4)(b)(ii) a nonprofit, limited profit, or for profit corporation;
(4)(b)(iii) a limited partnershi
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Legislative History
Amended by Chapter 279, 2017 General Session
Nearby Sections
15
§ 35A-1-101
Title.§ 35A-1-102
Definitions.§ 35A-1-104
Department authority.§ 35A-1-104.1
Background checks for employees.§ 35A-1-105
Department budget -- Reports from divisions.§ 35A-1-106
Fees.§ 35A-1-109
Annual report -- Content -- Format.§ 35A-1-111
Certification for adoption tax credit.