Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XVII. ECONOMIC SECURITY AND PUBLIC WELFARE |
CHAPTER 198A. LOW-COST HOUSING |
010. Definitions for chapter. |
015. Kentucky Housing Corporation's status as a de jure political subdivision. |
020. Policy and purpose. |
025. State policy on housing. |
030. Kentucky Housing Corporation established -- Board of directors -- Officers of corporation and duties. |
035. Advisory committee on housing policy. |
040. Corporate powers. |
050. Administration of programs by executive director -- Requirements. |
060. Requirements for loan agreement or articles of incorporation of assisted entities -- Limit on return of investment of stockholders or members. |
065. Waiver of income -- Eligibility requirements. |
067. Repealed, 2013. (Effective June 25, 2013) [Repealed] |
070. State not liable for obligations of the Kentucky Housing Corporation. |
080. Housing development fund -- Use to include repair of existing housing. |
090. Corporate authorization and operation of revenue bond financing -- Approval of General Assembly required for certain bond or note issuances. |
100. Trust agreement to secure corporate obligations -- Operation thereof. |
110. Pledge of corporate assets on obligations of the corporation. |
120. All moneys received are trust funds and may be temporarily invested. |
130. Holders of corporate obligations granted legal rights to enforce duties of the corporation. |
140. Declaration of negotiability of obligations of the corporation. |
150. Obligations of Kentucky Housing Corporation are authorized investments. |
160. Authorization for issuance of refunding obligations. |
165. Authorization for establishing reserve and replacement funds. |
170. Annual report and annual audit. |
180. Limitation of liability for corporate members or officers. |
190. Authority to accept and expend funds. |
200. Tax exempt status. |
210. Disclosure of conflict of interest of member, officer, or employee of the corporation. |
220. Provisions of this chapter deemed to be supplemental powers to other laws. |
230. Disposition of corporation assets upon termination or dissolution. |
240. Title of chapter. |
250. Loans to mortgage lenders for residential mortgage loans -- Rules and regulations. |
300. Financial assistance program for replacement or rehabilitation of unsafe wells and private water supplies. |
Kentucky Homeownership Protection Center |
400. Kentucky Homeownership Protection Center -- Purposes -- Cooperative agreements -- Funding -- Referrals to specific lenders and brokers prohibited. |
Affordable Housing Trust |
700. Definitions for KRS 198A.700 to 198A.730. |
705. Legislative findings. |
710. Affordable housing trust fund. |
715. Kentucky Housing Corporation to administer trust fund -- Uses of fund -- Organizations eligible for funding -- Annual report. |
720. Application procedures -- Granting of funds -- Priorities in funding -- Targeting of funds -- Services to be provided. |
725. Advisory committee for trust fund. |
730. Short title for KRS 198A.700 to 198A.730. |