<section number="72-2-501"><effdate>5/6/2026</effdate><histories><history>Amended by Chapter <modchap sess="2026GS">371</modchap>, 2026 General Session</history><modyear>2026</modyear></histories><catchline>Definitions.</catchline>As used in this part:<subsection number="72-2-501(1)">"Affordable housing unit" means a dwelling that is offered for sale to an owner-occupier at a purchase price that the board determines is affordable for the county in which the residential unit is offered for sale and is deed restricted for up to five years.</subsection><subsection number="72-2-501(2)">"Board" means the Affordable Housing Infrastructure Grant Board created in Section <xref depth="3" refnumber="72-2-503">72-2-503</xref>.</subsection><subsection number="72-2-501(3)">"Grant" means a grant issued to a public entity in a county of the first class, as classified in Section <xref depth="3" refnumber="17-60-104">17-60-104</xref>, as provided in this part.</subsection></section>