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Code · Kentucky · Chapter 198A — Low-cost housing

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

279 words·~1 min read·/ky/chapter-198a/198a-700

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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.
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