Ind. Code § 5-1.2-15.5-10

Current through P.L. 171-2024
Section 5-1.2-15.5-10 - [Effective Until 7/1/2024] Allocation of loans

Loans from the fund must be allocated and made available to participants as follows:

(1) Seventy percent (70%) of the money in the fund must be used for housing infrastructure in municipalities with a population of less than fifty thousand (50,000).
(2) Thirty percent (30%) of the money in the fund must be used for housing infrastructure in all other political subdivisions not described in subdivision (1).

IC 5-1.2-15.5-10

Added by P.L. 204-2023,SEC. 5, eff. 7/1/2023.
This section is set out more than once due to postponed, multiple, or conflicting amendments.