Maryland Statutes

§ 5-342

Maryland·Article gec Economic Development·Title 5
(a)In addition to providing money from the Fund to assist in creating and expanding child care facilities in the State under other provisions of this subtitle, the Department may use federal or other money provided for the purpose to make child care special loans.
(b)Child care special loans may be made to finance the expansion or improvement of child care services at child care facilities in the State, in accordance with this part.
(c)All money received by the Fund for making child care special loans shall be accounted for separately, including:
(1)federal money allocated or granted for child care special loans, including child care and development block grant money;
(2)private money donated or granted to the Fund for child care special loan

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