Md. Code Regs. 05.12.02.05

Current through Register Vol. 52, No. 1, January 10, 2025

Section 05.12.02.05 - Eligible Activities

FAF funds may be used for the following:

A. Activities identified in 24 CFR § 811.110, as amended;

B. Interest rate subsidies;

C. Direct rental subsidies;

D. Grants or loans for housing very low-income households, including housing in mixed income or mixed use projects;

E. Interest subsidies, grants, or loans to enable very low-income households to acquire ownership of single family housing units; and

F. Funds to assist in the acquisition, construction, and rehabilitation of housing for homeless persons, very low-income households, or persons at risk of becoming homeless, and other special needs populations consisting of very low-income households.

Md. Code Regs. 05.12.02.05