Funds shall be maintained in the State Treasurer's collection account and may be withdrawn by the Department upon the request of the Director of Multifamily Housing or the Director's designee to reimburse or pay for development costs. Sponsors shall requisition funds on forms prescribed by the Department in accordance with the terms of the capital assistance documents for approved development costs.
Md. Code Regs. 05.05.05.22
Regulations .22 adopted effective December 15, 2008 (35:25 Md. R. 2150)