Legislation
- Title
- Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment
- Sponsored by
- Senator Hayes
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 703
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Establishing the Appraisal Gap From Historic Redlining Financial Assistance Program in the Department of Housing and Community Development to make financial assistance available to affordable housing developers working in low-income census tracts in order to help close appraisal gaps that occur in historically redlined neighborhoods; requiring the Department to submit an annual report to certain committees of the General Assembly on the funding for census tracts with a majority racial minority population; etc.
Committees
Committee Testimony
Details
Cross-filed with: HB1239
Bill File Type: Regular
Effective Date(s): July 1, 2021
Bill imposes a mandated appropriation in the annual State Budget Bill
History
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File Code
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Subjects
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Statutes
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(
4-2801 through 4-2806 )
Last Updated: 6/15/2021 8:21 AM