Definitions

In ss. 16.301 to 16.315: (1) “Community-based organization” means an organization operating in a specific geographic area that is organized primarily to provide housing opportunities for persons or families of low or moderate income, and that is one of the following: (a) A nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17). (b) A nonprofit cooperative organized under ch. 185 or 193. (c) A federally recognized American Indian tribe or band in this state or an entity established by a federally recognized American Indian tribe or band. (2) “Housing authority” means any of the following: (a) A housing authority organized under s. 59.53 (22), 61.73, 66.1201 or 66.1213 or ch. 234. (b) A redevelopment authority or housing and community development authority exercising the powers of a housing authority under s. 66.1333 (3) or 66.1335 (4). (c) A housing authority organized by the elected governing body of a federally recognized American Indian tribe or band in this state. (3) “Housing costs” means whichever of the following applies: (a) For housing occupied by the owner, any of the following: 1. The principal and interest on a mortgage loan that finances the purchase of the housing. 2. Closing costs and other costs associated with a mortgage loan. 3. Mortgage insurance. 4. Property insurance. 5. Utility-related costs. 6. Property taxes. 7. If the housing is owned and occupied by members of a cooperative or an unincorporated cooperative association, fees paid to a person for managing the housing. (b) For rented housing, any of the following: 1. Rent. 3. Utility-related costs, if not included in the rent. (6) “Utility-related costs” means costs related to power, heat, gas, light, water and sewerage.