Definitions (Repealed)

The following definitions apply to Section 8-395-1 through 8-395-10 of the Regulations of Connecticut State Agencies: (a) "Business Firm" means any business entity as defined in Section 8-395 (a) of the General Statutes. (b) "Commissioner" means the Commissioner of Housing. (c) "Contribution" means cash, goods or real property, the value of which shall be set by the Commissioner who, in his sole discretion, shall determine whether an appraisal(s), to be obtained at the business firm's expense, is necessary. (d) "Department" means the Department of Housing. (e) "Family" means a household consisting of one or more persons. (f) "Housing Program" means any work or undertaking to provide decent, safe and sanitary dwelling units for families of low and moderate income, which may include the planning of buildings and improvements, the acquisition of property, site preparation, the demolition of existing structures, the construction of new buildings, the rehabilitation of existing buildings or the capitalization of a revolving loan fund providing low-cost loans for housing construction, repair or rehabilitation to benefit persons of very low, low and moderate income. (g) "Low and Moderate Income Families" means families who lack the amount of income which is necessary, as determined by the Commissioner, to enable them, without financial assistance to live in decent, safe and sanitary dwellings, without crowding. (h) "Nonprofit Corporation" means a nonprofit corporation incorporated pursuant to Chapter 600 of the General Statutes, having as one of its purposes the construction, rehabilitation, ownership, or operation of housing and having articles of incorporation approved by the Commissioner. (i) "Tax Year" means the business firm's taxable year, as defined in Section 441 (b) of the Internal Revenue Code. (j) "Area Median Income" means the area median income, adjusted for family size, as determined from time to time by the United States Department of Housing and Urban Development.