No, google *do not* provide a licensed version for individual use. By the reading of the published docs, technically any time you modify your own android image you'd need to run CTS and submit the results to google's partner review process in order to get the gapps enabled on that device image. And I guess Google reserve the right to reject this for any reason, but they've seemed pretty cool in the past (as they're in the business of promoting Android's use, not holding it back), but I think there would be some push-back if thousands of people started submitting their results individually. And that's assuming that the OSS releases *do* pass CTS, which takes a huge amount of effort for the device manufacturers, and likely need significant effort to close down the corner cases that most users won't likely notice, so not at the top of the todo list for the port maintainers.
The gapps published in paranoidandroid/xda-developers are breaking the license by being ripped off a device image (or leaked from a google android partner).
But realistically, google don't care (and likely privately cool with it for personal use) - so long as you don't try to sell the thing. But you're *techincally* breaking the license.