Ind. Code § 4-4-28-2

Current through P.L. 171-2024

Section 4-4-28-2 - "Community development corporation"

As used in this chapter, "community development corporation" means a private, nonprofit corporation:

(1) whose board of directors consists primarily of community representatives and business, civic, and community leaders; and

(2) whose principal purpose includes the provision of:

(A) housing;

(B) community based economic development projects; or

(C) social services;

that primarily benefit low income individuals and communities.

IC 4-4-28-2

As added by P.L. 15-1997, SEC.1. Amended by P.L. 4-1999, SEC.1.