2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-1903 - Financial assistance.
§4-1903.
(a) The Department may provide financial assistance under the Program utilizing funds from:
(1) any fund or program under Division I of this article; or
(2) any other source of funds available to the Department.
(b) The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c) In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy-down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.
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