(a) It is State policy that an authority: (1) shall manage and operate its housing projects efficiently to enable it to fix the rent for housing units at the lowest rates consistent with its providing decent, safe, and sanitary housing units and meeting the financial needs under subsection (b) of this section; but (2) may not operate for […]
Except for rental units that may be occupied by others under § 12-503(a)(4) of this title, an authority: (1) shall rent the housing units in a housing project only: (i) to persons of eligible income, except for a reasonable number of housing units that may be occupied by management and security personnel; and (ii) at rentals within the […]
Except as provided in § 12-506(b)(9) of this title, all housing projects of an authority are subject to the planning, zoning, sanitary, health, fire, housing, subdivision, and building laws, ordinances, codes, rules, and regulations that apply where the housing project is located.
(a) At least annually, an authority shall file with the custodian of records a financial report of its activities for the preceding year and recommend any further action by the political subdivision that it considers necessary or useful to carry out the purpose of this Division II. (b) The political subdivision may require an authority to provide […]
This subtitle does not limit the power of an authority to vest in an obligee the right, if the authority defaults, to: (1) take possession of a housing project; (2) have a receiver of a housing project appointed; or (3) acquire title to a housing project, through foreclosure or otherwise, free from all restrictions of this subtitle.
