Maryland Statutes
Subtitle 17 - Self-Help Homeownership Technical Assistance Program
Section 4-1702 - Findings

The General Assembly finds that:
        (1)    homeownership is a stabilizing factor for communities and families and is the best way for families of limited income to build equity and move out of poverty;
        (2)    homeownership has become less affordable over time because incomes have not kept pace with the rising costs of homeownership;
        (3)    self-help housing helps families of limited income to become homeowners, increasing their financial stability;
        (4)    families working together in groups to build their homes help to create stronger communities; and
        (5)    there have been three successful federally financed self-help programs in the State, and modeling a State self-help ownership program on a well-tested federal program will increase homeownership opportunities for families of limited income across the State.

Structure Maryland Statutes