Ky. Rev. Stat. § 198A.700

Current through 2024 Ky. Acts ch.225

Section 198A.700 - Definitions for KRS 198A.700 to 198A.730

As used in KRS 198A.700 to 198A.730, unless the context otherwise requires:

(1) "Homeless individual" means a person who:

(a) Lacks a fixed, regular, or adequate nighttime residence;

(b) Is at risk of becoming homeless in a rural or urban area because the residence is not safe, decent, sanitary, or secure;

(c) Has as a primary nighttime residence a publicly- or privately-operated shelter designed to provide temporary living accommodations;

(d) Has as a primary nighttime residence a public or private place not designed for, or ordinarily used as, a regular sleeping accommodation for human beings; or

(e) Is a family or a person who does not have access to normal accommodations due to violence or the threat of violence from a cohabitant.

(2) "Nonprofit organization" means an organization duly organized and validly existing as a not-for-profit organization under the laws of the Commonwealth, any other state, or the United States and whose purpose includes the development, construction, rehabilitation, or acquisition of housing.

(3) "Technical assistance" means activities that are directly related to a nonprofit organization's ability to provide housing for very low-income persons in assisted projects under KRS 198A.700 to 198A.730, and includes land use and planning costs, design and engineering services, finance services, loan packaging assistance, program development assistance, construction consultation, and marketing assistance for developers, and budgeting assistance, independent living skill development, homeownership, tenant education, and self-sufficiency development for renters and homeowners.

(4) "Trust fund" means the affordable housing trust fund.

(5) "Very low-income" means the income of individuals or families that is below sixty percent (60%) of the area median income for the Commonwealth as determined by the United States Department of Housing and Urban Development.

KRS 198A.700

Effective:7/15/1994
Amended 1994 Ky. Acts ch. 206, sec. 1, effective7/15/1994. - Created 1992 Ky. Acts ch. 458, sec. 1, effective 7/14/1992.