198A.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 orga nization' 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.
Kentucky Legal Code