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.