Loans from the fund must be allocated and made available to participants as follows:(1) Seventy percent (70%) of the money in the fund must be used for housing infrastructure benefitting political subdivisions with a population of less than fifty thousand (50,000).(2) Thirty percent (30%) of the money in the fund must be used for housing infrastructure in all other political subdivisions not described in subdivision (1).As added by P.L.204-2023, SEC.5. Amended by P.L.90-2024, SEC.2.
Indiana Legal Code