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<section article="ghs" article_name="Housing and Community Development" number="6-606" title_number="6" title_name="Division of Neighborhood Revitalization" subtitle_number="6" subtitle_name="Community Development Program Act">
  <level label="a">
    <text>There is a Community Development Fund.</text>
  </level>
  <level label="b">
    <text>The purpose of the Fund is to provide financial assistance for community development projects and community development organizations around the State.</text>
  </level>
  <level label="c">
    <text>The Department shall administer the Fund with the assistance of the Board.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.</text>
    </level>
    <level label="2">
      <text>The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.</text>
    </level>
  </level>
  <level label="e">
    <text>The Fund consists of:</text>
    <level label="1">
      <text>money appropriated in the State budget to the Fund; and</text>
    </level>
    <level label="2">
      <text>any other money from any other source accepted for the benefit of the Fund.</text>
    </level>
  </level>
  <level label="f">
    <text>The Fund may be used only for:</text>
    <level label="1">
      <text>administrative expenses of the Department in administering the Program; and</text>
    </level>
    <level label="2">
      <text>financial assistance for community development projects and community development organizations as provided under § 6–607 of this subtitle.</text>
    </level>
  </level>
  <level label="g">
    <level label="1">
      <text>The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.</text>
    </level>
    <level label="2">
      <text>Any interest earnings of the Fund shall be credited to the General Fund of the State.</text>
    </level>
  </level>
  <level label="h">
    <text>Expenditures from the Fund may be made only in accordance with the State budget.</text>
  </level>
  <level label="i">
    <text>Money expended from the Fund for the Program is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for the Program.</text>
  </level>
</section>
