198A.700 Definitions for KRS 198A.700 to 198A.730.
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<![CDATA[198A.700 Definitions for KRS 198A.700 to 198A.730. As used in KRS 198A.700 to 198A.730, unless the context otherwise requires: <br>(1) "Homeless individual" means a person who: (a) Lacks a fixed, regular, or adequate nighttime residence; <br>(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 <br>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 <br>state, or the United States and whose purpose includes the development, <br>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 <br>projects under KRS 198A.700 to 198A.730, and includes land use and planning <br>costs, design and engineering services, finance services, loan packaging assistance, <br>program development assistance, construction consultation, and marketing <br>assistance for developers, and budgeting assistance, independent living skill <br>development, homeownership, tenant education, and self-sufficiency development <br>for renters and homeowners. (4) "Trust fund" means the affordable housing trust fund. <br>(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 <br>the United States Department of Housing and Urban Development. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 206, sec. 1, effective July 15, 1994. </p>
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