(a) In addition to making loans for rehabilitation projects to sponsors, nonprofit sponsors, or families of limited income from the Rental Housing Programs Fund and the Special Loan Programs Fund, the Department may use money from any other authorized source, including federal programs of assistance for rehabilitation, to make:
(1) grants for rehabilitation projects to families of limited income or nonprofit sponsors; and
(2) loans for rehabilitation projects to sponsors, nonprofit sponsors, or families of limited income.
(b) (1) The Department:
(i) shall use federal programs of assistance for rehabilitation to the maximum extent consistent with the purposes of this subtitle; and
(ii) may do all things necessary to qualify for participation in those programs.
(2) The terms and conditions of loans and grants made under this section shall be in accordance with the legislation or other authority by which the money is made available to the Department.
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