Current with changes from the 2024 Legislative Session
Section 4-906 - Operation of Program; types of Program loans(a)(1) The Department shall operate the Program and make Program loans.(2) As much as possible, the Program shall be administered: (i) in conjunction with federal programs assisting rehabilitation of housing, to ensure maximum use of available federal money; and(ii) consistently with locally approved plans or programs of concentrated neighborhood revitalization.(b)(1) Except for Program loans made under a special loan program, the Regular Rehabilitation Program consists of Program loans to rehabilitate residential buildings providing four or fewer dwellings.(2) The Special Rehabilitation Program consists of Program loans made under a special loan program.Amended by 2014 Md. Laws, Ch. 229,Sec. 2, eff. 7/1/2014.