(a) The Department may provide financial assistance under the Program utilizing funds from:
(1) any fund or program under Division I of this article; or
(2) any other source of funds available to the Department.
(b) The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c) In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy–down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.
Structure Maryland Statutes
Housing and Community Development
Division I - Housing and Community Programs
Title 4 - Division of Development Finance
Subtitle 19 - Disaster Relief Housing Program
Section 4-1901 - Program Established
Section 4-1902 - Purpose; Continuation of Payments After Expiration of State of Emergency
Section 4-1903 - Financial Assistance
Section 4-1904 - Regulations, Guidelines, and Eligibility Requirements