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Session Laws, 1990 Session
Volume 436, Page 1175   View pdf image (33K)
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WILLIAM DONALD SCHAEFER, Governor Ch. 343

Annotated Code of Maryland

(1988 Replacement Volume and 1989 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 83B - Department of Housing and Community Development

SUBTITLE 11. PARTNERSHIP RENTAL HOUSING PROGRAM
2-1101.

IT IS FOUND AND DECLARED:

(1) THAT THERE IS A SHORTAGE OF DECENT, SAFE, AND
SANITARY RENTAL HOUSING FOR HOUSEHOLDS OF LOWER INCOME;

(2) THAT DEVELOPING, IMPROVING, OPERATING, AND
MAINTAINING HOUSING FOR HOUSEHOLDS OF LOWER INCOME
FREQUENTLY CANNOT BE ACCOMPLISHED BY THE PRIVATE SECTOR;
AND

(3) THAT TO ADDRESS THIS SHORTAGE, A PARTNERSHIP IS
NEEDED AMONG THE STATE, LOCAL GOVERNMENTS, AND HOUSEHOLDS
OF LOWER INCOME TO DEVELOP, OPERATE, AND MAINTAIN HOUSING
FOR HOUSEHOLDS OF LOWER INCOME.

2-1102.

(A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(B) "DEVELOPMENT COSTS" MEANS THE COSTS INCURRED FOR
THE ACQUISITION, NEW CONSTRUCTION, RECONSTRUCTION,
RENOVATION, OR REHABILITATION OF PARTNERSHIP RENTAL
HOUSING, EXCLUDING THE COST OF THE LAND AND INCLUDING THE
COSTS OF:

(1) NECESSARY STUDIES, SURVEYS, TESTS, PLANS, AND
SPECIFICATIONS;

(2) ARCHITECTURAL, DESIGN, ENGINEERING, AND OTHER
SPECIAL SERVICES;

(3) SITE PREPARATION; AND

(4) INDEMNITY AND SURETY BONDS AND PREMIUMS ON TITLE
AND HAZARD INSURANCE.

(C) "FUND" MEANS THE PARTNERSHIP RENTAL HOUSING FUND.

(D) "HOUSEHOLD OF LOWER INCOME" MEANS A HOUSEHOLD
WHOSE GROSS ANNUAL INCOME DOES NOT EXCEED 50 PERCENT OF THE

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Session Laws, 1990 Session
Volume 436, Page 1175   View pdf image (33K)
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