§ 10–202
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 10-202 (2026)
Title 10. Maryland Affordable Housing Trust
Subtitle 2. Maryland Affordable Housing Trust Fund
§ 10–202LinkCopy Citation
(a)
The Board shall use the Fund to make awards to:
(1)
help acquire, build, rehabilitate, or preserve affordable housing;
(2)
help nonprofit organizations develop affordable housing; and
(3)
help promote affordable housing by contributing to pay the operating expenses of housing developments.
(b)
In any fiscal year, the Board may use up to 5% of the Fund to pay actual operating and staffing expenses directly related to the activities of the Trust.