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2005 LAWS OF MARYLAND
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Ch. 445
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5,395,000
(B) Partnership Rental Housing Program. Provide funds to be
credited to the Partnership Rental Housing Fund to be
administered in accordance with Article 83B, Sections 2-1101
through 2-1110 (Statewide)........................................................... 6,000,000
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6,000,000
(C) Homeownership Programs. Provide funds for below-market
interest rate mortgages with minimum down payments to low-
and moderate-income families. These funds shall be
administered in accordance with Article 83B, Sections 2-601
through 2-605 and 2-608 through 2-614 (Statewide)................ 1,205,000
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1,205,000
(D) Shelter and Transitional Housing Facilities Grant Program.
Provide grants to acquire, design, construct, renovate, and
equip facilities for homeless individuals and families. The funds
shall be administered in accordance with the Code of Maryland
Regulations (COMAR) 05.05.09 (Statewide)................................. 1,000,000
(E) Special Loan Programs. Provide funds to low- and
moderate-income families, sponsors of rental properties
occupied primarily by limited income families, and nonprofit
sponsors of housing facilities, including group homes and
shelters. These funds shall be administered in accordance with
Article 83B, Sections 2-301 through 2-313, 2-1401 through
2-1411, and 2-701 through 2-709 (Statewide)............................ 2,750,000
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-0-
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2,750,000
DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT
TF00 DIVISION OF FINANCING PROGRAMS
(A) Maryland Economic Development Assistance Fund. Provide
funds for grants and loans to local jurisdictions, businesses, and
MEDCO for economic development projects within priority
funding areas and eligible industry sectors. The funds
appropriated for this purpose shall be administered in
accordance with Article 83A, Sections 5-1401 through 5-1411
(Statewide)....................................................................................... 14,000,000
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- 2458 -
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