Md. Code, Housing and Community Development § 4-406
This is the official text of Md. Code, Housing and Community Development § 4-406, part of Maryland’s Code, Housing and Community Development — governs housing programs and community development.
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§4–406.
Official statutory text
(a) The Department shall adopt regulations to carry out the Program.
(b) The regulations shall provide for:
(1) applications for money from the Fund;
(2) standards of eligibility, terms, and fees;
(3) charges that shall be imposed on Program loans; and
(4) the recapture of money of the Fund from a borrower that does not use the money in a timely manner.
(b) The regulations shall provide for:
(1) applications for money from the Fund;
(2) standards of eligibility, terms, and fees;
(3) charges that shall be imposed on Program loans; and
(4) the recapture of money of the Fund from a borrower that does not use the money in a timely manner.
Status: in_force · Read it on the official government site
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