§6–904.

    The Secretary, in consultation with the Department of Commerce, shall adopt regulations to carry out the provisions of this subtitle, including regulations that:

        (1)    establish procedures and standards for certifying new construction costs and rehabilitation costs under this subtitle;

        (2)    establish an application process for the issuance of tax credit certificates under this subtitle, with an emphasis on applications that promote affordable housing; and

        (3)    establish procedures for the approval of project phases for tax credit certificates issued under this subtitle.