Md. Code Regs. 05.15.01.02

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

Section 05.15.01.02 - Objectives

The objectives of the Program are to provide financial assistance for the purposes of:

A. Creating housing and jobs in targeted areas through support of private sector initiatives;

B. Promoting commercial redevelopment and economic revitalization efforts in targeted areas;

C. Supporting retention of housing stock and existing businesses;

D. Providing a source of funds for emergency housing and business assistance;

E. Supporting development efforts for projects undertaken jointly by the public and private sectors; and

F. Providing financial assistance for projects which would not be undertaken otherwise.

Md. Code Regs. 05.15.01.02

Regulations .02 adopted as an emergency provision effective October 31, 1988 (15:24 Md. R. 2760); emergency status extended at 16:10 Md. R. 1101; adopted permanently effective August 7, 1989 (16:15 Md. R. 1650)