§ 4–915
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-915 (2026)
Title 4. Division of Development Finance
Subtitle 9. Maryland Housing Rehabilitation Program
§ 4–915LinkCopy Citation
(a)
(1)
The Secretary shall set upper limits on the income that a family or individual may have to qualify as a family of limited income.
(2)
In setting the limits, the Secretary shall consider factors that include:
(i)
the portion of the total family income available for housing;
(ii)
the size of the family;
(iii)
the cost and condition of available housing;
(iv)
the ability of the family to compete successfully in the private housing market; and
(v)
relevant standards and definitions established for federal and State housing programs.
(b)
The Secretary may waive income limits for a borrower or occupant seeking a Program loan to rehabilitate a building that the State historical preservation officer finds historically or architecturally significant.