"Community based organization"
Ind. Code § 4-4-28-1.7
in effectSec. 1.7. (a) As used in this chapter, "community based organization" means a private, nonprofit corporation whose board of directors is comprised of business, civic, and community leaders, and whose principal purpose includes the provision of low income housing.
(b) A community based organization shall not be construed to have the same powers as a community development corporation.
As added by P.L.124-2024, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026
