Maryland Statutes
§ 4-3004
§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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