Sec. 5. (a) A person or community organization may apply for the program by completing a bid application.
(b) The following applicants are qualified and shall be approved to receive real property offered under this chapter:
(1) A person who:
(A) is at least eighteen (18) years of age;
(B) possesses the financial resources to support a loan, the necessary skills to rehabilitate the property, or a combination of both; and
(C) has, including immediate family, not previously participated in the program.
(2) A community organization as described in IC 36-7-9-2.
(c) Approved applicants are entitled to receive a list of all properties owned by the unit that are available under this chapter.
(d) Approved applicants may apply for each dwelling in which they are interested. A drawing shall be held to determine those applicants receiving the dwellings. Persons applying under this chapter shall receive priority over community organizations if both indicate an interest in the same dwelling. Each approved person and the approved person's immediate family may receive only one (1) dwelling in the drawing. Each approved community organization may receive as many dwellings as the agency considers proper.
[Pre-Local Government Recodification Citation: 18-7-21-4.]
As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.177-2003, SEC.12; P.L.127-2017, SEC.210.