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Current as of January 02, 2024 | Updated by Findlaw Staff
As used in this part, unless the context otherwise requires:
(1) “Housing trust fund” means a fund consisting of appropriations, reserves or dedications of any revenues except pension or retirement funds by a participating unit or units of local government, together with private and foundation sources of funds, all used for providing low income persons with safe and affordable housing;
(2) “Low income” means qualified persons or families who lack the amount of income which is necessary, as determined by the approved entity, to enable them without low interest financial assistance, to live in decent, safe and affordable dwellings without overcrowding; and
(3) “Unit or units of local government” means any city or county, separately or together, that sets up a program to establish a housing trust fund.
Cite this article: FindLaw.com - Tennessee Code Title 13. Public Planning and Housing § 13-23-502 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-13-public-planning-and-housing/tn-code-sect-13-23-502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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