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<section article="ghs" article_name="Housing and Community Development" number="4-1604" title_number="4" title_name="Division of Development Finance" subtitle_number="16" subtitle_name="Residential Mortgage Programs for Certain Counties">
  <level label="a">
    <text>To accomplish the purpose of this subtitle and notwithstanding any other law, a covered county may borrow money by issuing revenue bonds, notes, or other evidences of obligation.</text>
  </level>
  <level label="b">
    <text>Money under subsection (a) of this section shall be made available for residential mortgage loans to families of low or moderate income, only through mortgage lending institutions by:</text>
    <level label="1">
      <text>forward commitment mortgage purchase;</text>
    </level>
    <level label="2">
      <text>existing mortgage purchase;</text>
    </level>
    <level label="3">
      <text>loans to lenders;</text>
    </level>
    <level label="4">
      <text>revolving mortgage fund; or</text>
    </level>
    <level label="5">
      <text>any other means that the legislative body of the covered county considers appropriate.</text>
    </level>
  </level>
</section>
