Group home sponsors shall meet the following minimum requirements to receive a loan: Be: An individual; or A nonprofit organization or qualified limited partnership that is in good standing and qualified to do business in Maryland; Have the legal capacity and all necessary legal authorization to incur the obligations of the loan under the Program; Not be under a debarment or suspension order of the Department under COMAR 05.01.05 or any other State or federal agency or department; Demonstrate creditworthiness and repayment capability acceptable to the Department; Demonstrate the capacity to: Undertake the project, Manage the group home, and Provide necessary services to the group home residents as defined in Regulation .03B(16) of this chapter; Provide supervisory personnel or supportive services acceptable to the Department; Agree in writing that at least 51 percent of the group home occupants, other than supervisory personnel, will be persons of lower income; Provide evidence acceptable to the Department that any financing being obtained outside the Program is assured and acceptable to the Department; Either: Have the required license to own and operate the group home or provide evidence acceptable to the Department that the license will be issued or that no license is required under State or local law; or Have a management agreement described in §J of this regulation with a manager who: Is licensed to operate a group home, and Meets the requirements of §§A, C, E, and F of this regulation; and Agree in writing either to operate the project directly, or, in the alternative, to operate it indirectly by entering into a management agreement in a form acceptable to the Department, with a manager acceptable to the Department.