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36-7-17.1-6. Applications; eligibility; drawings to determine receipt of dwellings

IN Code § 36-7-17.1-6 (2019) (N/A)
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Sec. 6. (a) An individual may apply for the program by completing an application.

(b) An individual is qualified and shall be approved to receive real property offered under this chapter if:

(1) the individual is at least eighteen (18) years of age;

(2) the individual applies for and receives a rehabilitation loan with respect to the real property not later than the period prescribed by the director of the agency in the rules and regulations described in section 11 of this chapter; and

(3) the individual, and the individual's immediate family, has not previously participated in the program under this chapter.

(c) Individuals who apply for the program and meet the requirements of subsection (b)(1) and (b)(3) are entitled to receive a list of all properties owned by the unit that are available under this chapter.

(d) Individuals described in subsection (c) may apply for each dwelling in which they are interested. A drawing shall be held to determine those applicants receiving the dwellings. Each approved individual and the individual's immediate family may receive only one (1) dwelling in the drawing.

As added by P.L.118-2013, SEC.16.

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