Md. Code Regs. 05.12.01.19

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

Section 05.12.01.19 - Application Procedures

A. Housing Program Applications. Applications for HOME funds for a project under one of the DHCD housing programs shall be part of the DHCD loan application and shall include the information and supporting documentation specified on the application form.

B. Maryland HOME Initiatives Program Fund Applications.

(1) Application for Maryland HOME Initiatives Program Funds shall be made on the application form approved by the Department.

(2) The application shall include the following information and supporting documentation:

(a) A detailed description of the proposed project or activity;

(b) Organizational documents of the applicant unless the applicant is a local government;

(c) Sufficient information and documentation to determine the extent, if any, to which the project or activity will change the type of use or increase the intensity of the existing use of the property;

(d) For projects:

(i) Preliminary plans and specifications including summary scope of work, preliminary drawings, and cost estimates,

(ii) Proposed operating budgets, development budgets, and rents or sale prices,

(iii) Evidence of zoning compliance or, if a zoning variance or exception is required, evidence that the request for variance or exception has been filed and a hearing date has been scheduled,

(iv) Evidence of site control including a deed, contract of sale, lease with purchase option, or other form of site control acceptable to the Administration,

(v) Evidence of compliance with local planning requirements, if applicable, and

(vi) Evidence of the availability of financing including commitment, feasibility, or conditional commitment letters from lenders or grantor which establish that the lender or grantor has determined that the project is feasible and state the amount and terms and conditions of funding for the project;

(e) For programs:

(i) Detailed outline of policies, procedures, and eligibility requirements for the Program, and

(ii) Evidence satisfactory to the Department of demand for the Program including demographic and market data, if available.

C. Timing.

(1) Applications for HOME through the DHCD housing programs shall be made at the times specified during the year by the applicable housing program.

(2) Maryland HOME Initiatives Program Fund applications shall be made in accordance with application and competition cycles published by the Department. The Department shall notify nonprofit organizations, CHDO, developers, local governments, and other interested persons of application cycles. Notification may be by direct mailing, notices in newspapers with major Statewide circulation, or other methods selected by the Department.

Md. Code Regs. 05.12.01.19

Regulation .19 amended effective 41:25 Md. R. 1476, eff.12/22/2014