# Housing and Community Development (GHS)

## Title 11. Maryland State Appalachian Housing Fund

### Subtitle 1

#### Section 11-101

In this title, "Fund" means the Maryland State Appalachian Housing Fund.

#### Section 11-102

There is a Maryland State Appalachian Housing Fund.

#### Section 11-103

The Department shall use the Fund to fulfill its obligations under any contract or agreement with the Appalachian Regional Commission.

#### Section 11-104

The Fund is a continuing, nonlapsing special fund that is not subject to Sec. 7-302 of the State Finance and Procurement Article.

#### Section 11-105

The Fund consists of:

(1) receipts of the Department from the Appalachian Regional Commission;

(2) investment earnings of the Fund; and

(3) repayments of site development advances or loan principal or payments of loan interest made under this title.

#### Section 11-106

The State Treasurer shall invest money in the Fund in the same way as other State money.

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Md. Code Ann., Hous. & Cmty. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)