Definitions for KRS 198A.740 to 198A.750
KRS 198A.740
in effect198A.740. Definitions for KRS 198A.740 to 198A.750
As used in KRS 198A.740 to 198A.750:
(1) "Moderate income" means the income of individuals or families that is below one hundred twenty percent (120%) of the area median income for the Commonwealth as determined by the United States Department of Housing and Urban Development;
(2) "Nonprofit organization" has the same meaning as in KRS 198A.700;
(3) "Technical assistance" has the same meaning as in KRS 198A.700; and
(4) "Trust fund" means the rural housing trust fund created in KRS 198A.744.
Effective: March 24, 2023
History: Created 2023 Ky. Acts ch. 92, sec. 29, effective March 24, 2023.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53508Fetched: 10/20/2026
