Plain Text Law

§ 4–1710

Statutes in effect as of October 1, 2026.

Md. Code Ann., Hous. & Cmty. Dev. § 4-1710 (2026)
Title 4. Division of Development Finance
Subtitle 17. Self-Help Homeownership Technical Assistance Program

§ 4–1710Copy Citation

(a)
The Department may award a technical assistance grant only if the applicant agrees to:
(1)
a budget that states the types and amounts of expenditures that may be made with the grant;
(2)
the manner, timing, and conditions for disbursement of money to the grantee;
(3)
a timetable to complete each stage of the project and for final project completion; and
(4)
terms to ensure compliance with regulations, special conditions imposed by grant approval, and any other terms or conditions that the Department specifies.
(b)
The amount of a technical assistance grant may not exceed 20% of the average purchase price, over the last 3 fiscal years for which data are available, of a home:
(1)
financed by a mortgage loan that the Administration purchased under § 4–239 of this title; and
(2)
located in the region where the technical assistance grant is to be awarded.
(c)
(1)
Except as provided in paragraph (2) of this subsection, a technical assistance grant recipient shall complete the project within 2 years after the effective date of the grant.
(2)
The Department may extend the term of a technical assistance grant because of delays beyond the reasonable control of the recipient.
(d)
The Department may require that all or part of a technical assistance grant be repaid when conditions that the Department specifies occur.