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VETOES
(6) "PERSON OF ELIGIBLE INCOME" MEANS AN INDIVIDUAL
OR FAMILY WHO LACKS SUFFICIENT INCOME OR ASSETS TO PURCHASE
OR RENT A DECENT, SAFE, AND SANITARY DWELLING WITHOUT
FINANCIAL ASSISTANCE.
(B) THE PERCENTAGE OF DWELLING UNITS THAT IS CONSIDERED
A SUBSTANTIAL PORTION AND THE AMOUNT OF INCOME OR ASSETS
THAT IS REQUIRED FOR A DETERMINATION THAT AN INDIVIDUAL IS A
PERSON OF ELIGIBLE INCOME:
(1) SHALL BE DETERMINED BY LOCAL LAW OR REGULATION;
AND
(2) AS PROVIDED BY LOCAL LAW OR REGULATION ADOPTED
UNDER THIS SECTION, MAY VARY DUE TO CONSIDERATIONS INVOLVING
THE ELDERLY, THE HANDICAPPED, AND OTHER PERSONS WITH SPECIAL
NEEDS, OR PARTICULAR PROJECTS, PROGRAMS, OR GEOGRAPHIC
AREAS WITHIN HOWARD COUNTY.
(C) THE HOUSING AUTHORITY OF HOWARD COUNTY CONSTITUTES
A PUBLIC BODY CORPORATE AND POLITIC, EXERCISING PUBLIC AND
ESSENTIAL GOVERNMENTAL FUNCTIONS, AND HAVING ALL THE
POWERS NECESSARY OR CONVENIENT TO CARRY OUT THE PROVISIONS
AND PURPOSES OF THIS ARTICLE AND LOCAL LAW.
(D) (1) THE AUTHORITY HAS 5 OR MORE COMMISSIONERS, AS
DETERMINED BY LOCAL LAW, APPOINTED BY THE COUNTY EXECUTIVE
WITH THE APPROVAL OF THE COUNTY COUNCIL AND EXERCISES THE
POWERS AND DUTIES SET FORTH IN THIS ARTICLE.
(2) TWO OF THE COMMISSIONERS MAY BE OFFICIALS OR
EMPLOYEES OF HOWARD COUNTY AND MAY SERVE AS EX OFFICIO
VOTING MEMBERS OF THE AUTHORITY.
(3) THE TERM OF A COMMISSIONER SHALL BE DETERMINED
BY LOCAL LAW.
(E) THE AUTHORITY MAY NOT EXERCISE A POWER ENUMERATED
IN THIS ARTICLE UNTIL THE GOVERNING BODY OF HOWARD COUNTY
AUTHORIZES ITS USE BY LOCAL LAW AND ADOPTS ANY RULE
APPROPRIATE FOR THE USE OF THE POWER.
(F) IN ADDITION TO THE POWERS ENUMERATED ELSEWHERE IN
THIS ARTICLE, IF AUTHORIZED BY THE GOVERNING BODY OF HOWARD
COUNTY BY LOCAL LAW AND ANY NECESSARY RULES, THE AUTHORITY
MAY:
(1) MAKE MORTGAGE LOANS, RENT SUBSIDY PAYMENTS, OR
MORTGAGE SUBSIDY PAYMENTS TO PERSONS OF ELIGIBLE INCOME;
(2) MAKE CONSTRUCTION LOANS OR LONG-TERM MORTGAGE
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