Section 6-601 – Definitions

    (a)    In this subtitle the following words have the meanings indicated.     (b)    “Board” means the Community Development Board.     (c)    “Fund” means the Community Development Fund.     (d)    “Program” means the Community Development Program.

Section 6-602 – Program Established; Purpose

    (a)    There is a Community Development Program in the Department.     (b)    The purpose of the Program is to provide financial assistance for community development projects and community development organizations around the State.

Section 6-603 – Duties of Department

    The Department shall:         (1)    administer the Program; and         (2)    adopt regulations to carry out the Program.

Section 6-604 – Community Development Board

    (a)    There is a Community Development Board in the Program.     (b)    The Board consists of the following members:         (1)    the Secretary, or the Secretary’s designee; and         (2)    the following members, appointed by the Governor, in consultation with the President of the Senate and the Speaker of the House:             (i)    one representative of the Community Development Network of Maryland;             (ii)    one representative […]

Section 6-605 – Duties

    The Board shall:         (1)    make recommendations on how the Fund is to be used;         (2)    provide a period of at least 30 days for public comment on the recommendations; and         (3)    report on or before December 31 each year on the activities of the Fund and make any recommendations regarding the Fund to the Governor and, in accordance […]

Section 6-606 – Community Development Fund

    (a)    There is a Community Development Fund.     (b)    The purpose of the Fund is to provide financial assistance for community development projects and community development organizations around the State.     (c)    The Department shall administer the Fund with the assistance of the Board.     (d)    (1)    The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the […]

Section 6-607 – Administration of Fund by Department and Board

    In consultation with the Board, the Department shall administer the Fund to provide financial assistance, including capital and operating grants, to community development projects and community development organizations to provide and support:         (1)    affordable housing;         (2)    neighborhood revitalization for residential and commercial areas;         (3)    housing counseling, financial counseling, and foreclosure prevention;         (4)    community organizing;         (5)    small business development;         (6)    community services; […]

Section 6-608 – Department to Provide Financial Assistance From Fund

    The Department shall provide financial assistance from the Fund in the form and manner the Department determines appropriate, including providing capital and operating grants.

Section 6-609 – Short Title

    This subtitle is the Community Development Program Act.