Maryland § 4-406

Maryland Statutes

§ 4-406

Maryland·Article ghs Housing and Community Development·Title 4

(a)The Department shall adopt regulations to carry out the Program.

(b)The regulations shall provide for:

(1)applications for money from the Fund;

(2)standards of eligibility, terms, and fees;

(3)charges that shall be imposed on Program loans; and

(4)the recapture of money of the Fund from a borrower that does not use the money in a timely manner.

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(a) The Department shall adopt regulations to carry out the Program.

(b) The regulations shall provide for:

(1) applications for money from the Fund;

(2) standards of eligibility, terms, and fees;

(3) charges that shall be imposed on Program loans; and

(4) the recapture of money of the Fund from a borrower that does not use the money in a timely manner.

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§ 4-1001

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