Ch. 330 LAWS OF MARYLAND

(R) "PERSONS OF ELIGIBLE INCOME" SHALL MEAN:

(1) AS TO PROJECTS THAT ARE STATE OR FEDERALLY
FUNDED, INDIVIDUALS OR FAMILIES WHO MEET THE INCOME
REQUIREMENTS OF THE STATE OR FEDERAL PROGRAM INVOLVED; AND

(2) AS TO OTHER PROJECTS, INDIVIDUALS, OR FAMILIES WHO
LACK SUFFICIENT INCOME OR ASSETS (AS DETERMINED BY THE CHIEF
ELECTED OFFICIAL OR THE CHIEF ELECTED OFFICIAL'S DESIGNEE,
WHICH DESIGNEE MAY INCLUDE, WITHOUT LIMITATION, EITHER THE
EXECUTIVE DIRECTOR OR THE COMMISSIONERS OF THE AUTHORITY)
TO ENABLE THEM, WITHOUT FINANCIAL ASSISTANCE, TO PURCHASE OR
RENT DECENT, SAFE, AND SANITARY DWELLINGS WITHOUT
OVERCROWDING. THE DETERMINATION OF INCOME LEVELS MAY VARY
WITH RESPECT TO THE ELDERLY, THE HANDICAPPED, OTHER PERSONS
WITH SPECIAL NEEDS, PARTICULAR PROJECTS OR PROGRAMS, OR
PARTICULAR GEOGRAPHIC AREAS WITHIN THE LOCAL JURISDICTION.

(S) "REAL PROPERTY" SHALL INCLUDE ALL LANDS, INCLUDING
IMPROVEMENTS AND FIXTURES THEREON, AND PROPERTY OF ANY
NATURE APPURTENANT THERETO, OR USED IN CONNECTION
THEREWITH, AND EVERY ESTATE, INTEREST, AND RIGHT, LEGAL OR
EQUITABLE, THEREIN, INCLUDING TERMS FOR YEARS AND LIENS BY
WAY OF JUDGMENT, MORTGAGE, OR OTHERWISE AND THE
INDEBTEDNESS SECURED BY SUCH LIENS.

(T) "STATE PUBLIC BODY" SHALL MEAN ANY INCORPORATED CITY
OR TOWN OR ANY COUNTY, MUNICIPAL CORPORATION, COMMISSION,
DISTRICT, AUTHORITY, OTHER SUBDIVISION, OR PUBLIC BODY OF THE
STATE.

1-104.

(A) (1) THE PROPERTY OF AN AUTHORITY OR OF A NONPROFIT
HOUSING CORPORATION IS DECLARED TO BE USED FOR ESSENTIAL
PUBLIC AND GOVERNMENTAL PURPOSES AND SUCH PROPERTY AND AN
AUTHORITY SHALL BE EXEMPT FROM ALL TAXES AND SPECIAL
ASSESSMENTS OF THE CITY, THE COUNTY, THE STATE, OR ANY
POLITICAL SUBDIVISION THEREOF.

(2) IN LIEU OF SUCH TAXES AND SPECIAL ASSESSMENTS, AN
AUTHORITY OR A NONPROFIT HOUSING CORPORATION SHALL MAKE
PAYMENTS TO THE CITY, THE COUNTY, OR THE POLITICAL SUBDIVISION
OF THE STATE IN WHICH A HOUSING PROJECT IS WHOLLY OR PARTLY
LOCATED IN SUCH AMOUNT, IF ANY, AS MAY BE SET BY MUTUAL
AGREEMENT BETWEEN SUCH AUTHORITY OR NONPROFIT HOUSING
CORPORATION AND THE CITY, THE COUNTY, OR THE POLITICAL
SUBDIVISION OF THE STATE; PROVIDED, HOWEVER, THAT THE SUM TO
BE PAID TO THE LOCAL GOVERNMENT SHALL NOT EXCEED AN AMOUNT
EQUAL TO THE REGULAR TAXES LEVIED UPON SIMILAR PROPERTY.

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