2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-1503 - Purpose of Program


MD House & Comm Dev Code § 4-1503 (2013) What's This?

§4-1503.

(a) In this section, “lot consolidation” means acquisition of real property adjacent to, and to be included in, a project.

(b) The purposes of the Program are to:

(1) increase the supply of decent, safe, and sanitary rental housing for occupancy by families of lower income;

(2) provide financial assistance for acquisition, construction, or rehabilitation of rental housing, including demolition and lot consolidation so that families of lower income can afford the rental housing;

(3) encourage political subdivisions to provide assistance in producing rental housing that families of lower income can afford; and

(4) revitalize sustainable communities, as defined in § 6-301 of this article, through office or other commercial space conversion.

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