Maryland Housing and Community Development Section 6-207

Article - Housing and Community Development

§ 6-207.

      (a)      The Board shall:

            (1)      review each application and may request more information from the sponsor;

            (2)      accept public input on each application;

            (3)      submit each application to appropriate State units and consider any recommendation a State unit makes;

            (4)      consider geographic balance when reviewing applications;

            (5)      give priority in awarding financial assistance to applicants that are likely to repay the financial assistance to a community development financial institution or to the Community Legacy Financial Assistance Fund; and

            (6)      refer to the Secretary each application that it approves.

      (b)      (1)      The Board may not approve an application unless the political subdivision in which the proposed project is located approves the application by resolution.

            (2)      If an application affects a community legacy area entirely within a municipal corporation, the approval must come from the municipal corporation rather than the surrounding county.

            (3)      If an application affects a community legacy area within more than one political subdivision, each political subdivision must approve it by resolution.

      (c)      The Secretary shall award financial assistance to a sponsor or a sponsor's designee:

            (1)      in the amount and of the type that the Board determines; and

            (2)      under the terms of a community legacy agreement.



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