Maryland Statutes

§ 7-503

Maryland·Article glu Land Use·Title 7
(a)(1) In this section the following words have the meanings indicated.
(2)“Qualified project” means a residential project that:
(i)consists of new construction or substantial renovation;
(ii)is on property that is located within three–quarters of a mile of a rail station located in the State;
(iii)except as provided in item (iv) of this paragraph: 1. contains at least 15% of units that are affordable dwelling units; and 2. is deed–restricted to include 15% of units that are affordable dwelling units for a period of at least 40 years; and
(iv)in a county or municipality that, on or before December 31, 2024, has requirements equal to or exceeding the requirements u

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Nearby Sections

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§ 7-101
§ 7-101
§ 7-102
§ 7-102
§ 7-103
§ 7-103
§ 7-104
§ 7-104
§ 7-105
§ 7-105
§ 7-201
§ 7-201
§ 7-202
§ 7-202
§ 7-301
§ 7-301
§ 7-302
§ 7-302
§ 7-303
§ 7-303
§ 7-304
§ 7-304
§ 7-305
§ 7-305
§ 7-306
§ 7-306
§ 7-401
§ 7-401
§ 7-501
§ 7-501
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