(a) The Regular Rehabilitation Program and the Special Rehabilitation Program shall operate with money in the Special Loan Programs Fund and other money available to the Department for these programs.
(b) If the applications that qualify for a Program loan under the Regular Rehabilitation Program or a special loan program do not commit all money appropriated to that loan program within 6 months after the appropriation, the Department may reallocate the remaining appropriated money to any other program financed by the Special Loan Programs Fund.
Structure Maryland Statutes
Housing and Community Development
Division I - Housing and Community Programs
Title 4 - Division of Development Finance
Subtitle 9 - Maryland Housing Rehabilitation Program
Section 4-902 - Scope of Subtitle
Section 4-905 - Units in Program
Section 4-906 - Operation of Program; Types of Program Loans
Section 4-907 - Money for Operations; Reallocations
Section 4-908 - Powers of Department -- Program Loans in General
Section 4-909 - Powers of Department -- Program Loans Secured by Mortgages
Section 4-909.1 - Powers of Department -- Program Loans Secured by Cooperative Interest
Section 4-911 - Allocation of Money for Program Loans Under Regular Rehabilitation Program
Section 4-912 - Money to Annuity Bond Fund
Section 4-913 - Information on Program Loans Required in Appropriation Request
Section 4-914 - Administration of County Rehabilitation Programs
Section 4-915 - Family of Limited Income
Section 4-916 - Program Loans for Affordable Housing -- in General
Section 4-917 - Program Loans for Affordable Housing -- Conditions
Section 4-918 - Program Loans for Affordable Housing -- Dwellings
Section 4-919 - Program Loans for Affordable Housing -- Private Financing Standards
Section 4-920 - Loan Ceiling for Nonresidential Rehabilitation
Section 4-921 - Financing of Rehabilitation Loans
Section 4-922 - Federal Programs and Other Sources for Grants and Loans