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KRS 198A.740

Definitions for KRS 198A.740 to 198A.750

Known as the Mae Street Kidd Kentucky Housing Corporation Act

The act spans §§ 198A.010 to 198A.750 (46 sections).

Effective: March 24, 2023 History: Created 2023 Ky

As used in KRS 198A.740 to 198A.750:

(1) "Moderate income" means the income of individuals or families that is below one hundred twenty percent (120%) of the area median income for the Commonwealth as determined by the United States Department of Housing and Urban Development;

(2) "Nonprofit organization" has the same meaning as in KRS 198A.700;

(3) "Technical assistance" has the same meaning as in KRS 198A.700; and (4) "Trust fund" means the rural housing trust fund created in KRS 198A.744.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.