Section 1-1104 - Requirements for ordinance or resolution(a) An ordinance or resolution enacted under § 1-1102 of this subtitle shall provide for:(1) eligibility requirements for participation in the program, including eligibility requirements for:(i) energy and water efficiency projects, renewable energy devices, environmental remediation projects, and resiliency projects; and(ii) property and property owners; and(2) loan terms and conditions, including a provision that requires that a loan be repaid over a term not to exceed the useful life of the project as determined by the program.(b) Eligibility requirements under subsection (a) of this section shall include a requirement that the county or municipality give due regard to the property owner's ability to repay a loan provided under the program, in a manner substantially similar to that required for a mortgage loan under §§ 12-127, 12-311, 12-409.1, 12-925, and 12-1029 of the Commercial Law Article.Amended by 2021 Md. Laws, Ch. 441,Sec. 1, eff. 10/1/2021.Amended by 2014 Md. Laws, Ch. 473,Sec. 1, eff. 10/1/2014.Amended by 2014 Md. Laws, Ch. 472,Sec. 1, eff. 10/1/2014.Revised and recodified by 2013 Md. Laws, Ch. 119,Sec. 2, eff. 10/1/2013.