2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-403 - Purposes of Program
§4-403.
The purposes of the Program are to:
(1) stimulate the production of rental housing, including conversion of existing rental housing, for occupancy by elderly households;
(2) increase the supply of decent, safe, and sanitary rental housing at costs that are affordable to low-income elderly households;
(3) use available resources to serve the elderly households that are most in need; and
(4) relieve unemployment by stimulating the construction or substantial rehabilitation of elderly rental housing projects or the conversion of existing rental housing projects for occupancy by elderly households.
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