# COMAR Title 05 — Department of Housing and Community Development

## Subtitle 09 — Infrastructure Programs

### Chapter 01 — Local Government Infrastructure Financing Program

#### Regulation .06 Eligible Uses and Costs.

*COMAR 05.09.01.06*

A. Proceeds of loans may be used to finance the costs associated with the planning, development, acquisition, construction, reconstruction, rehabilitation, or improvement of a project, including, without limitation, the following:

  (1) Costs of appraisals and other necessary studies, including compaction tests, soil borings, market analysis studies, and construction cost estimates;

  (2) Architectural and engineering costs for design and supervision;

  (3) Acquisition of land and improvements, and site preparation;

  (4) Costs of bonds, permits, and fees;

  (5) Indemnity and surety bonds;

  (6) Carrying costs during construction including construction interest, real estate taxes, and property insurance;

  (7) Financing fees and charges imposed by the Administration;

  (8) Legal, processing, packaging, and marketing fees and charges;

  (9) The costs of surveys, title examinations, and title insurance; and

  (10) Other costs authorized by Housing and Community Development Article, §4-201(e), Annotated Code of Maryland, and acceptable to the Administration.

B. Program funds may also be used for loans to:

  (1) Purchase existing or completed projects;

  (2) Refinance a project; and

  (3) Pay closing costs for loans.