{"data":{"id":"us-in/ic-6-3.1-40.9-1","jurisdiction":"us-in","citation":"IC 6-3.1-40.9-1","heading":"\"Affordable housing organization\"","body":"Sec. 1. As used in this chapter, \"affordable housing organization\" refers to an organization that:\n(1) is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code; and\n(2) uses volunteers to build, renovate, and develop homeownership units for individuals whose income is at least thirty percent (30%) and not more than eighty percent (80%) of the area median income.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 40.9. Attainable Homeownership Tax Credit"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-40.9-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"4da9214bb48a521320af2f02b337cf929e3003303c58c8ebfe50aaacf24d8c71","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-40-12","next":"us-in/ic-6-3.1-40.9-2"},"notice":"GroundRules: Original legal text. Not legal advice."}