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<section article="ghs" article_name="Housing and Community Development" number="4-2006" title_number="4" title_name="Division of Development Finance" subtitle_number="20" subtitle_name="Energy-Efficient Homes Construction Loan Program">
  <level label="a">
    <text>There is an Energy–Efficient Homes Construction Fund.</text>
  </level>
  <level label="b">
    <text>The Department shall administer the Fund.</text>
  </level>
  <level label="c">
    <level label="1">
      <text>The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.</text>
    </level>
    <level label="2">
      <text>The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.</text>
    </level>
  </level>
  <level label="d">
    <text>The Fund consists of:</text>
    <level label="1">
      <text>money appropriated in the State budget to the Fund;</text>
    </level>
    <level label="2">
      <text>repayments or prepayments of principal and payments of interest on loans made under the Energy–Efficient Homes Construction Loan Program;</text>
    </level>
    <level label="3">
      <text>investment earnings of the Fund; and</text>
    </level>
    <level label="4">
      <text>any other money from any other source accepted for the benefit of the Fund.</text>
    </level>
  </level>
  <level label="e">
    <text>The Department may use the Fund only to:</text>
    <level label="1">
      <text>pay expenses of the Program;</text>
    </level>
    <level label="2">
      <text>provide credit enhancement under the Program; and</text>
    </level>
    <level label="3">
      <text>make or purchase loans under the Program.</text>
    </level>
  </level>
  <level label="f">
    <level label="1">
      <text>The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.</text>
    </level>
    <level label="2">
      <text>Any investment earnings of the Fund shall be paid into the Fund.</text>
    </level>
  </level>
</section>
