2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-406 - Regulations


MD House & Comm Dev Code § 4-406 (2013) What's This?

§4-406.

(a) The Department shall adopt regulations to carry out the Program.

(b) The regulations shall provide for:

(1) applications for money from the Fund;

(2) standards of eligibility, terms, and fees;

(3) charges that shall be imposed on deferred-payment, subordinated loans; and

(4) the recapture of money of the Fund from a borrower that does not use the money in a timely manner.

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