(1) In the administration of the programs authorized by or receiving benefits under KRS 198A.040, the executive director of the Kentucky Housing Corporation shall require: (a) That to the greatest extent feasible opportunities for training and employment arising in connection with the planning, construction, rehabilitation, and operation of housing assisted under such programs shall be given to persons of lower and moderate income residing in the area of such housing; and (b) That to the greatest extent feasi ble contracts for work to be performed pursuant to such programs shall be awarded to business concerns, including but not limited to individuals or firms doing business in the fields of design, architecture, building construction, rehabilitation, maintenan ce or repair, located in or owned in substantial part by persons residing in the area of such housing. (2) In the administration of rental residential housing assisted under this chapter, the executive director of the Kentucky Housing Corporation shall re quire maximum feasible tenant participation and responsibility in tenant programs and services. (3) The executive director of the Kentucky Housing Corporation shall establish standards of performance for materials, methods and design which meet the minimum requirements of appropriate federal or state agencies.
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