Section 4-1205 - Duties of Department. - Maryland Statutes

§ 4-1205. Duties of Department.
 

(a)  In general.- The Department shall: 

(1) administer the Program; 

(2) adopt policies and procedures that encourage partnership rental housing throughout the State; and 

(3) adopt regulations to carry out the Program, including regulations that specify criteria for local contributions to the cost of partnership projects undertaken by a political subdivision or housing authority. 

(b)  Guidelines.- The Department may establish: 

(1) maximum limits for financing that it will provide to: 

(i) individual partnership rental housing units; 

(ii) any one partnership project; or 

(iii) any political subdivision or housing authority; 

(2) a process for approving financing for partnership projects that encourages a broad geographic distribution of money; and 

(3) the time that a household may occupy the partnership rental housing after the annual income of the household exceeds the continuing occupancy income limits for households of lower income. 
 

[An. Code 1957, art. 83B, §§ 2-1105(1)-(4), 2-1108; 2005, ch. 26, § 2; 2006, ch. 117.]