Md. Code, Housing and Community Development § 4-1903
This is the official text of Md. Code, Housing and Community Development § 4-1903, part of Maryland’s Code, Housing and Community Development — governs housing programs and community development.
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§4–1903.
Official statutory text
(a) The Department may provide financial assistance under the Program utilizing funds from:
(1) any fund or program under Division I of this article; or
(2) any other source of funds available to the Department.
(b) The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c) In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy–down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.
(1) any fund or program under Division I of this article; or
(2) any other source of funds available to the Department.
(b) The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c) In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy–down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.
Status: in_force · Read it on the official government site
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