Section 4-1803 - Requirements for participation. - Maryland Statutes

§ 4-1803. Requirements for participation.
 

(a)  Qualification of local governments.- A local government qualifies for participation in the Program if: 

(1) the local government has: 

(i) a 5-year consolidated plan approved by the United States Department of Housing and Urban Development; or 

(ii) a comprehensive plan; 

(2) the plans listed in item (1) of this subsection: 

(i) have a workforce housing element; 

(ii) assess workforce housing needs; and 

(iii) contain goals, objectives, and policies to preserve or develop workforce housing; and 

(3) the local government provides a statement to the Department indicating: 

(i) a desire to participate in the Program; and 

(ii) a reasonable expectation of the local government's ability to provide the matching funds required under § 4-1804 of this subtitle. 

(b)  Requirements for workforce housing element.- The workforce housing element in the 5-year consolidated plan or the comprehensive plan of a qualifying local government may include: 

(1) preservation and renovation of existing housing stock; 

(2) redevelopment of existing residential areas; 

(3) streamlined regulatory processes and reduced regulatory fees for construction or renovation; 

(4) financial incentives for construction and renovation including local property tax credits; 

(5) special zoning regulations for construction and renovation including inclusionary zoning; 

(6) efforts to preserve workforce housing stock for subsequent first-time homebuyers and renters; 

(7) coordination with neighboring jurisdictions; 

(8) coordination with private sector employers; and 

(9) leveraging of federal financial assistance. 
 

[2006, ch. 483; 2007, ch. 603.]