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Statutes Text

Article - Housing and Community Development




§4–3004.    IN EFFECT

    // EFFECTIVE UNTIL JUNE 30, 2029 PER CHAPTER 212 OF 2024 //

    (a)    The Department shall:

        (1)    coordinate with local housing authorities and county governments to ensure access to other financial resources, including senior debt products;

        (2)    develop new resources in support of statewide housing production;

        (3)    solicit applicants for the Program; and

        (4)    subject to subsection (b) of this section, select three projects to receive assistance from the Program each in a different jurisdiction.

    (b)    The Department may select fewer than three projects to fund if there is an insufficient number of eligible applicants.



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