Regulation .03 Eligible Applicants and Uses.
Regulation .03 Eligible Applicants and Uses.LinkCopy Citation
A.
A grantee shall meet the following minimum requirements:
(1)
Be a community development organization or a government agency;
(2)
Not have defaulted on any prior financial assistance from the Department;
(3)
Not be currently barred or suspended from any of the Department’s programs;
(4)
Have the legal capacity and all necessary legal authority to incur the obligations involved in the grant agreement;
(5)
If a community development organization, be in good standing and qualified to do business in Maryland; and
(6)
Provide evidence that the applicant has matching funds available for the project in the amounts required by Housing and Community Development Article, §4-510(g)(2), Annotated Code of Maryland, or in the competitive application round announcement.
B.
Grants may be used for any predevelopment costs and expenses related to the development or implementation of a project as approved by the Department.
C.
Appropriations to the Fund shall be allocated as follows:
(1)
85% for projects in those areas of the State located between Interstate Highway 495 and the District of Columbia; and
(2)
15% for projects throughout the State.