§ 4–403
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-403 (2026)
Title 4. Division of Development Finance
Subtitle 4. Rental Housing Program
§ 4–403LinkCopy Citation
The purposes of the Program are to:
(1)
stimulate the production and preservation of rental housing;
(2)
increase and improve the supply of decent, safe, and sanitary rental housing at costs that are affordable to households of limited income;
(3)
use available resources efficiently to serve the households that are in need of quality affordable housing opportunities, including families, the elderly, and persons with disabilities or special needs;
(4)
support economic growth and activity by financing, in whole or in part, the construction or substantial rehabilitation of rental housing projects; and
(5)
revitalize sustainable communities, as defined in § 6–301 of this article, through office or other commercial space conversion.