§ 4–1903
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-1903 (2026)
Title 4. Division of Development Finance
Subtitle 19. Disaster Relief Housing Program
§ 4–1903LinkCopy Citation
(a)
The Department may provide financial assistance under the Program utilizing funds from:
(1)
any fund or program under Division I of this article; or
(2)
any other source of funds available to the Department.
(b)
The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c)
In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy–down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.