Md. Code Regs. 05.04.13.05

Current through Register Vol. 51, No. 24, December 2, 2024

Section 05.04.13.05 - Eligible Owner-Occupants and Sponsors

Owner-occupants and sponsors shall meet all of the following requirements to qualify for Program financing:

A. Either own the eligible housing, and be current for all mortgage and property tax and assessment payments, or have an agreement to purchase the eligible housing;

B. Be an individual or a business entity;

C. Be in good standing and qualified to do business in Maryland;

D. Have the legal capacity and all necessary legal authorization to incur the obligations of the financing;

E. Not have been barred or suspended by:

(1) The Department under COMAR 05.01.05, or

(2) HUD;

F. Demonstrate:

(1) Financial credibility and stability, and

(2) The ability to successfully complete the project in a timely and satisfactory manner; and

G. Agree in writing to:

(1) Fully cooperate with any related research and evaluation sponsored by HUD and associated with this grant program, including preservation of the data and records of the project and compiling requested information in formats provided by the researchers or evaluators,

(2) Allow clearance testing of assisted units before units are re-occupied,

(3) Participate in education programs as required by the Department, and encourage participation in these programs,

(4) Use certified contractors and trained workers to perform lead paint abatement services in accordance with Regulation .17 of this chapter,

(5) Perform lead abatement work on the assisted unit as required by the Department,

(6) Make good faith efforts to assist the Department in obtaining blood lead tests for children younger than 6 years old who reside in the units to be abated within 3 months before abatement,

(7) Assist with relocation of tenants to the extent required by the Department in accordance with the Federal Uniform Relocation Act, and

(8) Assist in monitoring the tenant income as required by the Department.

Md. Code Regs. 05.04.13.05