Md. Code, Housing and Community Development § 6-203
This is the official text of Md. Code, Housing and Community Development § 6-203, part of Maryland’s Code, Housing and Community Development — governs housing programs and community development.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§6–203.
Official statutory text
A corporation, foundation, or other legal entity qualifies as a community development organization if:
(1) its purpose is to improve the physical, economic, or social environment of the area where it operates; and
(2) no part of its net earnings inures to the benefit of a private shareholder or individual holding an interest in that entity.
(1) its purpose is to improve the physical, economic, or social environment of the area where it operates; and
(2) no part of its net earnings inures to the benefit of a private shareholder or individual holding an interest in that entity.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.