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<section article="ghs" article_name="Housing and Community Development" number="6-211" title_number="6" title_name="Division of Neighborhood Revitalization" subtitle_number="2" subtitle_name="Community Legacy Program">
  <level label="a">
    <text>In this section, “Fund” means the Community Legacy Financial Assistance Fund.</text>
  </level>
  <level label="b">
    <text>There is a Community Legacy Financial Assistance Fund.</text>
  </level>
  <level label="c">
    <text>The Fund shall be used to carry out this subtitle.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>The Secretary shall administer the Fund in accordance with this subtitle.</text>
    </level>
    <level label="2">
      <text>The State Treasurer shall hold and the Comptroller shall account for the Fund.</text>
    </level>
  </level>
  <level label="e">
    <text>The Fund is a continuing, nonlapsing special fund that is not subject to § 7–302 of the State Finance and Procurement Article.</text>
  </level>
  <level label="f">
    <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>earnings from the investment of money in the Fund;</text>
    </level>
    <level label="3">
      <text>repayments and prepayments of financial assistance provided by the Program; and</text>
    </level>
    <level label="4">
      <text>any other money accepted for the benefit of the Fund from any governmental or private source.</text>
    </level>
  </level>
  <level label="g">
    <text>Notwithstanding any other law, the State Treasurer may invest money in the Fund in the same way as money is invested by the State Retirement and Pension System.</text>
  </level>
  <level label="h">
    <text>In any fiscal year, the Secretary may hold up to 10% of the money in the Fund in reserve for emergency use or urgent projects in accordance with this subtitle.</text>
  </level>
</section>
