Plain Text Law

§ 4–1603

Statutes in effect as of October 1, 2026.

Md. Code Ann., Hous. & Cmty. Dev. § 4-1603 (2026)
Title 4. Division of Development Finance
Subtitle 16. Residential Mortgage Programs for Certain Counties

§ 4–1603Copy Citation

The purposes of this subtitle are to:
(1)
help remedy the conditions described in § 4-1602 of this subtitle;
(2)
make residential mortgage loans available to families of low or moderate income at borrowing costs lower than those otherwise prevailing for residential mortgages;
(3)
help reduce the shortage of adequate housing; and
(4)
help maintain housing and neighborhoods.