IC 5-20-1 – Indiana Housing and Community Development Authority | Midpage

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Indiana Code

Chapter 1

IC 5-20-1

Indiana Housing and Community Development Authority

1Legislative findings and declaration of public policy 2Definitions 3Authority creation; membership; terms; expenses; references to Indiana housing finance authority 3.5Surety bonds 4Powers of the authority 4.1Repealed 4.5Housing for special needs populations; allocation of federal low income housing credits 4.7Expired 5Repealed 6Repealed 7State not liable for obligations of the Indiana housing and community development authority 8Authorization to use revenue bond financing; approval of public finance director required 9Trust agreements to secure authority obligations 10Pledge of authority assets to obligations of the authority 11Receipts as trust funds; investment 12Enforcement of authority duties; rights of holders of authority obligations 13Declaration of negotiability of authority obligations 14Authority obligations as authorized investments 15Authorization for issuance of refunding obligations 16Capital reserve fund 17State power to alter authority; pledge against impairment of authority contracts 18Annual report; annual audit 19Limitation of liability; authority members or officers 20Authority to accept and expend funds 21Tax exempt status 22Disclosure of conflicts of interest 23Authority assets; disposition upon termination or dissolution 24Chapter as supplemental to other laws 25Liberal construction 26Chapter controlling 27Home ownership education account established 28Continuum of Care program; eligibility criteria; reporting requirements 28.5Annual local housing progress report 29Annual local housing status report