Section 4-1505 - Qualification of family of lower income. - Maryland Statutes

§ 4-1505. Qualification of family of lower income.
 

(a)  Income limit.- The Secretary shall establish income limits for a family of lower income by considering factors that include: 

(1) the total amount of family income available for housing; 

(2) the size of the family; 

(3) the cost and condition of available housing; 

(4) the ability of the family to compete successfully in the conventional private housing market; and 

(5) relevant standards and definitions of federal housing programs. 

(b)  Variances.-  

(1) The income limits may vary for different areas or regions of the State. 

(2) A limit of general applicability may be supplemented by a lower limit for a particular project. 
 

[An. Code 1957, art. 83B, § 2-501(c); 2005, ch. 26, § 2.]