Kentucky Revised Statutes Title XVII. Economic Security and Public Welfare § 198A.700.Definitions for KRS 198A.700 to 198A.730

(1) “Homeless individual” means a person who:

(2) “Nonprofit organization” means an organization duly organized and validly existing as a not-for-profit organization under the laws of the Commonwealth, any other state, or the United States and whose purpose includes the development, construction, rehabilitation, or acquisition of housing.

(3) “Technical assistance” means activities that are directly related to a nonprofit organization's ability to provide housing for very low-income persons in assisted projects under KRS 198A.700 to 198A.730, and includes land use and planning costs, design and engineering services, finance services, loan packaging assistance, program development assistance, construction consultation, and marketing assistance for developers, and budgeting assistance, independent living skill development, homeownership, tenant education, and self-sufficiency development for renters and homeowners.

(4) “Trust fund” means the affordable housing trust fund.

(5) “Very low-income” means the income of individuals or families that is below sixty percent (60%) of the area median income for the Commonwealth as determined by the United States Department of Housing and Urban Development.