(a) (1) Each fund established under this subtitle is a continuing, nonlapsing special fund that is not subject to § 7-302 of the State Finance and Procurement Article. (2) The State Treasurer shall hold and the Comptroller shall account for each fund established under this subtitle. (b) Money in a fund established under this subtitle shall be invested in […]
(a) The Department shall attempt to use to the greatest extent feasible minority business enterprises to provide brokerage and investment management services to the Department for the funds established under this subtitle consistent with minority business purchasing standards applicable to units of State government under the State Finance and Procurement Article and consistent with the fiduciary […]
(a) In this section, “Fund” means the Homeownership Programs Fund. (b) There is a Homeownership Programs Fund. (c) As provided in the State budget, the Department shall use the Fund to: (1) pay expenses of the Maryland Home Financing Program, including reserves for anticipated future losses directly related to the Maryland Home Financing Program; (2) make loans under the Maryland […]
(a) In this section, “Fund” means the Partnership Rental Housing Fund. (b) There is a Partnership Rental Housing Fund. (c) The Fund consists of: (1) money appropriated by the State to the Partnership Rental Housing Program; (2) money made available to the Partnership Rental Housing Program from the sale of general obligation or other bonds including the proceeds of the […]
(a) In this section, “Fund” means the Rental Housing Fund. (b) There is a Rental Housing Fund. (c) The Department shall use the Fund to operate, make loans, and pay expenses of the Rental Housing Program, including reserves for anticipated future losses directly related to the Rental Housing Program, as provided in the State budget. (d) The Department shall […]
(a) In this section, “Fund” means the Special Loan Programs Fund. (b) There is a Special Loan Programs Fund. (c) As provided in the State budget and subject to subsection (d) of this section, the Department shall use the Fund to: (1) operate, pay expenses of, and make loans under the Group Home Financing Program; (2) operate, pay expenses of, […]
(a) In this section, “Fund” means the Workforce Housing Fund. (b) There is a Workforce Housing Fund. (c) As provided in the State budget, the Department shall use the Fund to operate and provide funds under the Workforce Housing Grant Program. (d) The Fund consists of: (1) money appropriated by the State; (2) repayments of principal and payments of interest on […]
(a) In this section, “Fund” means the Housing Counseling and Foreclosure Mediation Fund. (b) There is a Housing Counseling and Foreclosure Mediation Fund. (c) The purposes of the Fund are to: (1) support nonprofit and government housing counselors and other nonprofit entities with providing: (i) legal assistance to homeowners or occupants who are trying to avoid foreclosure or manage foreclosure […]
(a) In this section, “Fund” means the Strategic Demolition and Smart Growth Impact Fund. (b) There is a Strategic Demolition and Smart Growth Impact Fund. (c) The purpose of the Fund is to provide grants and loans to assist in predevelopment activities, including interior and exterior demolition, land assembly, architecture and engineering, and site development for revitalization projects […]
(a) (1) In this section the following words have the meanings indicated. (2) “Anchor institution” means: (i) an institution of higher education in the State; or (ii) a hospital institution in the State that: 1. has a group of at least five physicians who are organized as a medical staff for the institution; 2. maintains facilities to provide, under the supervision of […]
// EFFECTIVE UNTIL JUNE 30, 2024 PER CHAPTERS 639 AND 640 OF 2018 // (a) In this section, “Fund” means the Continuing the CORE Partnership Fund. (b) There is a Continuing the CORE Partnership Fund. (c) The purpose of the Fund is to assist the Department, in conjunction with the Maryland Stadium Authority and Baltimore City, in expeditiously […]
