# Housing and Community Development (GHS)

## Title 4. Division of Development Finance

### Subtitle 2. Community Development Administration

#### Section 4-208

(a) There is a Housing Finance Review Committee.

(b) The Housing Finance Review Committee consists of seven members appointed by the Governor on recommendation of the Secretary as follows:

  (1) three employees of the Department, one of whom may be the Secretary;

  (2) one employee of the Executive Branch of State government who is not employed by the Department; and

  (3) three members of the public.

(c)

  (1) The term of a public member is 4 years and begins on July 1.

  (2) At the end of a term, a public member continues to serve until a successor is appointed and qualifies.

  (3) A public member who is appointed after a term has begun serves only for the rest of the term and until a successor is appointed and qualifies.

(d)

  (1) The Housing Finance Review Committee shall review and make recommendations to the Secretary about:

    (i) specific loan requests or categories of loan requests; and

    (ii) the investment and project financing policies of the Administration.

  (2) The Secretary may approve a specific loan request without a recommendation of the Housing Finance Review Committee if the request requires urgent action.

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Md. Code Ann., Hous. & Cmty. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)