§ 4–308
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-308 (2026)
Title 4. Division of Development Finance
Subtitle 3. Down Payment and Settlement Expense Loan Program
§ 4–308LinkCopy Citation
(a)
Subject to subsection (b) of this section, a recipient of a Program loan shall complete homebuyer education that meets the requirements of the Department.
(b)
The Department’s homebuyer education requirements shall:
(1)
allow a Program loan recipient to use the online homebuyer education for a HUD–approved product and contact a HUD–approved counseling agency to receive a certificate; and
(2)
enable one political subdivision’s certificate to be used in another political subdivision.
(c)
This subtitle does not alter or preempt the authority of a political subdivision to establish homebuyer education or counseling requirements for a down payment assistance program operated by the political subdivision.