Section 5-1.2-15.5-10 - 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 benefitting political subdivisions 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).Amended by P.L. 90-2024,SEC. 2, eff. 7/1/2024.Added by P.L. 204-2023,SEC. 5, eff. 7/1/2023.