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80.200 Rentals and tenant selection -- Participation in private and public
developments.
(1)
(2)
(3)
(4)
(5)
(6)
An authority may rent or lease the dwelling accommodations in a housing
development only for housing purposes under this chapter.
An authority may rent or lease to a tenant dwelling accommodations consisting
only of the number of rooms that it deems necessary to provide safe and
sanitary accommodations to the proposed occupants without overcrowding.
The dwellings in any housing development shall be available solely for housing
purposes under this chapter. Income limits for occupancy and rents shall be
fixed by the authority after taking into consideration:
(a) The family size, composition, age, physical disabilities, and other factors
which might affect the rent-paying ability of the family, and
(b) The economic factors which affect the finance and solvency of the
housing development.
The authority shall issue regulations establishing eligibility requirements,
consistent with the purposes and objectives of this section, for admission to
and continued occupancy in its developments.
Nothing contained in subsections (1), (2), (3), and (4) of this section shall limit
the power of an authority to vest in an obligee of the authority the right, in the
event of a default by the authority, to take possession of a housing
development or cause the appointment of a receiver thereof, free from all the
restrictions imposed by this section.
An authority may participate in private and public developments not falling
within the definition of "housing," as set forth in KRS 80.010, except that:
(a) An authority may not purchase, divide, or subdivide land except as
provided in this chapter or as set forth in KRS 80.140; and
(b) An authority may not develop, improve, construct upon, sell, or resell any
real property except as provided in this chapter or as set forth in KRS
80.140.
Effective:July 15, 1996
History: Amended 1996 Ky. Acts ch. 237, sec. 11, effective July 15, 1996. -Amended 1994 Ky. Acts ch. 405, sec. 11, effective July 15, 1994. -- Amended
1984 Ky. Acts ch. 226, sec. 6, effective July 13, 1984; and ch. 361, sec. 12,
effective July 13, 1984. -- Amended 1970 Ky. Acts ch. 44, sec. 2. -- Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat.
sec. 927a-14, 2714x-8a.
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