Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choiceshello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution

Knowledge

Search Polipedia
Daily Briefings
Calculators
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choices

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Indiana Statutes, Title 5

™

Your Policy Risk Impact Agent

Indiana/Statutes

← All Indiana coverage

Title 5, STATE AND LOCAL ADMINISTRATION

393 chapters · 3,941 sections in this title.

All chapters in Title 53,941 Ch 2, Nonreverting Appropriations379 Ch 1, Bonds and Other Obligations Legalized367 Ch 4, Hospital Bonding Authorities295 Ch 5, Refunding Bonds Generally272 Ch 9, Refunding Bonds of Cities and Towns201 Ch 6, Revenue Bond Refinancing199 Ch 3, Facsimile Signatures on Obligations198 Ch 8, Judgment Funding Bonds of Counties176 Ch 7, Redemption Bonds of Counties and Tow…142 Ch 10, Funding and Refunding Bonds of Townships134 Ch 13, Disposition of Surplus Bond Proceeds100 Ch 11, Procedures for Selling Bonds91 Ch 12, Payment of Bond Premiums90 Ch 15, Fully Registered and Book Entry Obli…89

32 sections·Filtered byTitle 5✕Ch 15.5✕

Ind. Code § 5-1.2-15.5-1 Implementation
0.1K chars
Sec. 1. The authority shall carry out the program established under this chapter. As added by P.L.204-2023, SEC.5.
Ind. Code § 5-1.2-15.5-10 Allocation of loans
0.3K chars
Sec. 10. The authority shall set aside seventy percent (70%) of the money in the fund for housing infrastructure benefitting political subdivisions with a population of less than fifty thousand (50,000). As added by P.L.204-2023, SEC.5. Amended by P.L.90-2024, SEC.2; P.L.73-2026,…
Ind. Code § 5-1.2-15.5-11 Investment of money
0.9K chars
Sec. 11. (a) The authority shall invest the money in the fund in accordance with an investment policy adopted by the authority. Interest, premiums, gains, or other earnings from the investments shall be credited to and deposited in the fund. (b) As an alternative to subsection (a…
Ind. Code § 5-1.2-15.5-12 Discretion of authority
0.2K chars
Sec. 12. This chapter does not require the authority to provide a loan to any participant to the extent the authority determines the loan is not in the best interests of the program and the authority. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-13 Duties

0.9K chars

Sec. 13. The authority shall do the following under this chapter: (1) Manage the program. (2) Prepare and provide program information to participants. (3) Negotiate the negotiable aspects of each financial assistance agreement. (4) Prepare or cause to be prepared each financial a…

Ind. Code § 5-1.2-15.5-14 Priority ranking system for awarding loans; criteria

2.6K chars

Sec. 14. (a) The authority shall develop and use a priority ranking system in making loans from the fund. (b) The ranking system must prioritize making loans for eligible projects to participants that have adopted and implemented a majority of the following policies for residenti…

Ind. Code § 5-1.2-15.5-15 Loan terms and conditions

0.2K chars

Sec. 15. The authority shall establish the terms and conditions that the authority considers necessary or convenient to make loans under this chapter. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-16 Loan application; necessary documents

0.7K chars

Sec. 16. (a) An application for a loan from the fund must be accompanied by all papers and opinions required by the authority. (b) The authority may require that an application for a loan from the fund be accompanied by the following: (1) A certification and guarantee of signatur…

Ind. Code § 5-1.2-15.5-17 Financial assistance agreement

0.3K chars

Sec. 17. A participant receiving a loan from the fund shall enter into a financial assistance agreement. A financial assistance agreement related to the program is a valid, binding, and enforceable agreement of the participant. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-18 Pledging of loans

1.3K chars

Sec. 18. (a) The authority may pledge loans and other obligations of participants evidencing the loans from the fund to secure other loans from the fund to or for the benefit of participants. (b) The authority must approve the terms of a pledge under this section. (c) Notwithstan…

Ind. Code § 5-1.2-15.5-19 Guidelines; interest rate or parameters

0.9K chars

Sec. 19. (a) The authority shall establish the interest rate or parameters for establishing the interest rate on each loan made under this chapter, including parameters for establishing the amount of interest subsidies. (b) The authority, in setting the interest rate or parameter…

Ind. Code § 5-1.2-15.5-2 "Eligible project"

0.1K chars

Sec. 2. As used in this chapter, "eligible project" means a project for housing infrastructure. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-20 Alternative of providing leveraged loan program

1.3K chars

Sec. 20. (a) As an alternative to making loans to participants, the authority may use the money in the fund to provide a leveraged loan program to or for the benefit of participants, including using money in the fund to enhance the obligations of participants issued for the purpo…

Ind. Code § 5-1.2-15.5-21 Use of money in fund to establish leveraged loan program

0.2K chars

Sec. 21. Notwithstanding any other law, money in the fund, together with loan repayments to be deposited in the fund, may be used to establish a leveraged loan program in connection with the fund. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-22 Guidelines

0.2K chars

Sec. 22. The authority may adopt guidelines, without complying with IC 4-22-2, to govern the administration of this chapter. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-23 Report

0.6K chars

Sec. 23. Not later than August 1 of each year, the public finance director shall prepare for the budget committee established by IC 4-12-1-3 and the legislative council a report that includes the following: (1) Information concerning the loans made available to participants from …

Ind. Code § 5-1.2-15.5-3 "Fund"

0.2K chars

Sec. 3. As used in this chapter, "fund" refers to the residential housing infrastructure assistance revolving fund established by section 9 of this chapter. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-4 "Housing infrastructure"

0.2K chars

Sec. 4. As used in this chapter, "housing infrastructure" means the installation, replacement, upgrade, or improvement of public infrastructure for the support of residential housing. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-4.5 "Political subdivision"

0.1K chars

Sec. 4.5. As used in this chapter, "political subdivision" has the meaning set forth in IC 5-1.2-2-57. As added by P.L.90-2024, SEC.1.

Ind. Code § 5-1.2-15.5-5 "Program"

0.2K chars

Sec. 5. As used in this chapter, "program" refers to the residential housing infrastructure assistance program established by section 8 of this chapter. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-6 "Public infrastructure"

1.4K chars

Sec. 6. (a) As used in this chapter, "public infrastructure" means any of the following infrastructure that is or will be owned, maintained, or provided by a political subdivision: (1) A water distribution system. (2) A water treatment plant. (3) A wastewater treatment plant. (4)…

Ind. Code § 5-1.2-15.5-7 "Residential housing"

0.3K chars

Sec. 7. As used in this chapter, "residential housing" means single family or multifamily housing for rent or sale. The term includes condominiums and townhouses located within an economic development target area that is designated under IC 6-1.1-12.1-7. As added by P.L.204-2023,…

Ind. Code § 5-1.2-15.5-8 Residential housing infrastructure assistance program; establishment

0.1K chars

Sec. 8. The residential housing infrastructure assistance program is established. As added by P.L.204-2023, SEC.5.

Ind. Code § 5-1.2-15.5-9 Residential housing infrastructure assistance revolving fund; use of money

1.3K chars

Sec. 9. (a) The residential housing infrastructure assistance revolving fund is established. The fund is a revolving fund to provide money for loans under this chapter to or for the benefit of participants. (b) The fund consists of: (1) appropriations from the general assembly; (…

Ind. Code § 5-28-15.5-1 Definitions

0.7K chars

Sec. 1. The following definitions apply throughout this chapter: (1) "District" refers to an entrepreneur and enterprise district designated by the executive of a qualified municipality under section 2(a) of this chapter. (2) "District board" refers to the board of directors of a…

Ind. Code § 5-28-15.5-2 Entrepreneur and enterprise districts; designation; territory; board of directors

1.3K chars

Sec. 2. (a) The executive of a qualified municipality may designate one (1) entrepreneur and enterprise district in the qualified municipality. (b) The territory of a district designated under subsection (a) may not exceed the greater of: (1) four (4) square miles; or (2) ten per…

Ind. Code § 5-28-15.5-3 Duration of program

0.3K chars

Sec. 3. A district expires on the later of the following: (1) Five (5) years after the date on which it is designated as a district by the executive of the qualified municipality. (2) December 31, 2029. As added by P.L.238-2017, SEC.4. Amended by P.L.78-2021, SEC.1; P.L.156-2024,…

Ind. Code § 5-28-15.5-4 Powers; district business requirement to assist district board; amount

2.4K chars

Sec. 4. (a) A district board has the following powers, in addition to other powers that are contained in this chapter: (1) To request the waiver of a municipal ordinance or regulation as provided in this chapter. (2) To adopt guidelines for the disqualification of a district busi…

Ind. Code § 5-28-15.5-5 Ability of corporation to make grants to district boards from Indiana twenty-first century research and technology fund; amount of grant; uses

1.6K chars

Sec. 5. (a) For each state fiscal year beginning after June 30, 2019, until a district expires under section 3 of this chapter, if a district board applies for a grant under section 8(a)(3) of this chapter, the corporation shall, before September 1, make a determination on grants…

Ind. Code § 5-28-15.5-6 Annual summary; payments to district board; ability to obtain tax records

2.0K chars

Sec. 6. (a) Subject to subsection (c), a district business that claims any of the incentives available to district businesses shall, before June 1 of each year: (1) submit to the district board a verified summary concerning the amount of incentives claimed by the district busines…

Ind. Code § 5-28-15.5-7 Duties of a district board; annual reporting; additional reported information for a district in Fort Wayne

2.6K chars

Sec. 7. (a) A district board shall do the following: (1) Coordinate development activities within the district. (2) Serve as a catalyst for development within the district. (3) Promote the district to outside groups and individuals. (4) Establish a formal line of communication wi…

Ind. Code § 5-28-15.5-8 Powers of a district board; ability to request modification or waiver of municipal ordinance

1.0K chars

Sec. 8. (a) A district board may do the following: (1) Initiate and coordinate any community development activities that improve the physical environment or encourage the turnover or retention of capital in the district. (2) Modify a district boundary or disqualify a district bus…