Sec. 2. The fiscal body of a unit may by ordinance designate an agency or quasi-public corporation, or establish a new agency, to administer an urban homesteading program under which family dwellings for one (1) through four (4) families may be conveyed to individuals or families, who must occupy and rehabilitate the dwellings, and community organizations that must rehabilitate the dwellings and offer them for sale.
[Pre-Local Government Recodification Citation: 18-7-21-1 part.]
As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.177-2003, SEC.11.