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; "Nonprofit organization" has the same meaning as in KRS 198A.700; "Technical assistance" has the same meaning as in KRS 198A.700; and "Trust fund" means the rural housing trust fund created in KRS 198A.744.
- (2)
- (3)
- (4)
Effective: March 24, 2023
History: Created 2023 Ky. Acts ch. 92, sec. 29, effective March 24, 2023.