Section 4-213 – Plan Approval Process
(a) In accordance with regulations that the Secretary adopts, an agreement that the Administration makes to carry out its functions and responsibilities under §§ 4–211, 4–214, and 4–225 through 4–235 of this subtitle shall be approved by: (1) the Secretary; and (2) the Board of Public Works, if its approval is required by law. (b) The Administration shall provide […]
Section 4-229 – Infrastructure Financing — Local Obligations
(a) (1) If the Administration purchases a local obligation, the procedures and requirements for the issuance or sale of the local obligation shall be as provided in §§ 4–230 through 4–233 of this subtitle. (2) Notwithstanding any other public general law or public local law, charter, or ordinance, an issuer of a local obligation may sell a local […]
Section 4-214 – Eminent Domain
The Administration has the power of eminent domain, but may not exercise it in a political subdivision without the consent of the political subdivision given by ordinance of its governing body for a specific community development project.
Section 4-230 – Issuing Procedures of Local Obligations
(a) (1) Notwithstanding any other public general law, or public local law, charter, or ordinance, a political subdivision or a governmental unit of a political subdivision may issue a local obligation to be purchased by the Administration for infrastructure projects. (2) A local obligation shall be issued in accordance with this section. (3) Each local obligation must be authorized […]
Section 4-215 – “Live Near Your Work” Program
(a) The Administration shall administer a home buyer assistance program that: (1) assists home buyers to receive low–interest mortgage loans, with down payment and closing cost assistance options, for the purchase of homes near their place of employment; and (2) coordinates with, and matches where appropriate, similar programs offered by private employers and county and municipal governments so […]
Section 4-231 – Contents of Enabling Resolution or Ordinance
(a) A resolution or ordinance that authorizes a local obligation shall contain: (1) a statement of the public purpose for which the proceeds of the local obligation are to be spent; (2) the form of the local obligation, including: (i) each place and time of payment; (ii) each interest rate or maximum interest rate; (iii) the titles of the officials whose […]
Section 4-215.1 – Home Buyer Assistance Program — Loans — Marketing of Program — Regulations — Annual Report
// EFFECTIVE UNTIL SEPTEMBER 30, 2024 PER CHAPTER 247 OF 2021 // (a) (1) In this section the following words have the meanings indicated. (2) “Current student” means an individual who: (i) attends a public institution of higher education in the State; and (ii) is a degree–seeking, full–time equivalent student in an undergraduate level, graduate level, or professional degree program. […]
Section 4-216 – Shelter and Transitional Housing Facilities Grant Program
For fiscal year 2018 and each fiscal year thereafter, the Governor shall include in the annual budget bill or the capital budget bill an appropriation of $3,000,000 from general funds or the proceeds from the sale of State general obligation bonds for the Shelter and Transitional Housing Facilities Grant Program.
Section 4-217 – Community Development Project
(a) A project, undertaking, or a part of a project or undertaking, including the real, personal, and mixed property involved, qualifies as a community development project if it is planned, acquired, owned, developed, constructed, reconstructed, rehabilitated, repaired, renovated, or improved to promote sound community development. (b) A community development project shall provide for: (1) new or existing housing: […]
Section 4-218 – Energy Conservation Project
(a) A project for a residential building qualifies as an energy conservation project if it consists of: (1) the purchase or installation of: (i) caulking or weather stripping; (ii) a clock thermostat; (iii) ceiling, attic, wall, floor, or duct insulation; (iv) water heater insulation; (v) a storm window or door, multiglazed window or door, or heat–absorbing or heat–reflecting window or floor material; […]