In this chapter:
"Administrative cost" means any cost incurred by the eligible applicant in the
course of operating this program that is not directly expended for payments to
or on behalf of participating households.
(2) "Cooperative housing" means housing owned
by a corporation where the stockholders are entitled to occupancy of real
estate (i.e., apartments) through proprietary leases or other like
means the department of administration.
(4) "Eligible applicant" means any of the
following: the governing body of a county, city, village or town; the elected
governing body of a federally recognized American Indian tribe or band in this
state; a housing authority; a nonstock, nonprofit corporation organized under
ch. 181, Stats.; a cooperative organized under ch. 185, Stats., if the articles
of incorporation or bylaws of the cooperative limit the rate of dividend that
may be paid on all classes of stock; a religious society organized under ch.
means, with respect to a person: a physical or mental impairment which
substantially limits one or more of such person's major life activities; or a
record of having such an impairment; or being regarded as having such an
impairment, but such term does not include current, illegal use of or addiction
to alcohol or a controlled substance as defined in section 102 of the
Controlled Substances Act
(6) "Household" means an individual or
individuals occupying or planning to occupy a residence, or a resident of a
congregate or group living facility.
(7) "Low income" means gross annual household
income at or below 50% of the county median income adjusted for household
"Moderate income" means
gross annual household income of greater than 50% but not more than 80% of the
county median income adjusted for household size.
Note: County median income tables are published annually by the
U.S. department of housing and urban development.
(9) "Rent" means the cost paid by a non-owner
household occupying a premises for occupancy privileges and includes: monthly
rent payments; security deposit; first and last month's rent: escrows that will
be applied toward a down payment on the purchase of a dwelling; or membership
fees and carrying charges associated with units leased from a housing
cooperative or a nonprofit corporation that develops, owns, or manages housing
with a significant degree of resident involvement.