16.301 Definitions.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

16.301 Definitions. In ss. 16.301 to 16.315 :

(1)“Community-based organization” means an organization operating in a specific geographic area that is organized primarily to provide housing opportunities for persons or families of low or moderate income, and that is one of the following:

(a)A nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103

(17).

(b)A nonprofit cooperative organized under ch. 185 or 193 .

(c)A federally recognized American Indian tribe or band in this state or an entity established by a federally recognized American Indian tribe or band.

(2)“Housing authority” means any of the following:

(a)A housing authority organized under s. 59.53

(22), 61.73 , 66.1201 or 66.1213 or ch. 234 .

(b)A redevelopment authority or housing and community development authority exercising the powers of a housing authority under s. 66.1333

(3)or 66.1335

(4).

(c)A housing authority organized by the elected governing body of a federally recognized American Indian tribe or band in this state.

(3)“Housing costs” means whichever of the following applies:

(a)For housing occupied by the owner, any of the following:

1. The principal and interest on a mortgage loan that finances the purchase of the housing.

2. Closing costs and other costs associated with a mortgage loan.

3. Mortgage insurance.

4. Property insurance.

5. Utility-related costs.

6. Property taxes.

7. If the housing is owned and occupied by members of a cooperative or an unincorporated cooperative association, fees paid to a person for managing the housing.

(b)For rented housing, any of the following:

1. Rent.

3. Utility-related costs, if not included in the rent.