WILLIAM DONALD SCHAEFER, Governor Ch. 330

(2) THIS SUBSECTION SHALL BE INAPPLICABLE IF ITS
APPLICATION WOULD DISQUALIFY THE STATE OR ANY COUNTY FROM
RECEIVING ANY FEDERAL FUNDS.

(C) SUBJECT TO THE AUTHORITY OF THE BOARD OF COUNTY
COMMISSIONERS AS SET FORTH IN SUBSECTION (B) OF THIS SECTION,
THE QUEEN ANNE'S COUNTY HOUSING AUTHORITY, IN ADDITION TO
THE POWERS ENUMERATED IN THIS ARTICLE AND PROVIDED BY LAW,

MAY:

(1) MAKE MORTGAGE LOANS AND MAKE RENT SUBSIDY
PAYMENTS TO PERSONS OF ELIGIBLE INCOME;

(2) MAKE CONSTRUCTION LOANS AND LONG-TERM
MORTGAGE LOANS TO ANY PERSON, FIRM, PARTNERSHIP, ASSOCIATION,
JOINT VENTURE, OR CORPORATION, PUBLIC OR PRIVATE, TO PRODUCE
HOUSING FOR PERSONS OF ELIGIBLE INCOME; OR

(3) WAIVE INCOME LIMITS FOR PERSONS 65 YEARS OF AGE OR
OLDER.

(D) (1) IN ADDITION TO THE POWERS ENUMERATED IN THIS
ARTICLE, THE AUTHORITY MAY EXERCISE ITS POWERS AS GRANTED BY
THIS ARTICLE IRRESPECTIVE OF THE FACT THAT ACTIVITIES MAY
DISPLACE OR LIMIT ECONOMIC COMPETITION.

(2) THE POWERS GRANTED TO THE AUTHORITY PURSUANT
TO PARAGRAPH (1) OF THIS SUBSECTION MAY NOT BE CONSTRUED:

(I) TO GRANT TO THE AUTHORITY POWERS IN A
SUBSTANTIVE AREA NOT OTHERWISE GRANTED TO THE AUTHORITY BY
OTHER PUBLIC GENERAL OR PUBLIC LOCAL LAW;

(II) TO RESTRICT THE AUTHORITY FROM EXERCISING
POWER GRANTED TO THE AUTHORITY BY OTHER PUBLIC GENERAL OR
PUBLIC LOCAL LAW OR OTHERWISE;

(III) TO AUTHORIZE THE AUTHORITY OR ITS OFFICER TO
ENGAGE IN AN ACTIVITY WHICH IS BEYOND THEIR POWER UNDER
OTHER PUBLIC GENERAL LAW, PUBLIC LOCAL LAW, OR OTHERWISE; OR

(IV) TO PREEMPT OR SUPERSEDE THE REGULATORY
AUTHORITY OF ANY STATE DEPARTMENT OR AGENCY UNDER ANY
PUBLIC GENERAL LAW.

(E) BONDS OF THE HOUSING AUTHORITY OF QUEEN ANNE'S
COUNTY MAY BE SOLD EITHER AT PUBLIC OR PRIVATE SALE IN THE
MANNER AND UPON THE TERMS AS ARE AUTHORIZED BY RESOLUTION
OF THE AUTHORITY.

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