§ 5-348

Maryland § 5-348

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 5

Text

(a) The proceeds of a child care special loan may be used:

(1) to assist the applicant in meeting applicable State and local child care standards;

(2) to pay for minor renovations, and to upgrade child care facilities, to ensure that applicants meet State and local child care standards; or

(3) to purchase and install equipment and furniture, including equipment needed to accommodate children with special needs.

(b) Except as provided in subsection (a) of this section, the proceeds of a child care special loan may not be used:

(1) to purchase or improve land; or

(2) to purchase, construct, or improve a building or facility.