2260                                  County Local Laws

MONTGOMERY COUNTY

LOCAL LAWS

Chapter 1
(Bill No. 1-68)

An Act to add new Section 128B to Chapter 2 of the Montgomery-
County Code 1965, as amended, title "Administration," subtitle
"Rehabilitation Loan Fund," to follow immediately after Section 128A
thereof, to authorize the County Council to establish a "Rehabilitation
Loan Fund" to make loans therefrom to homeowners of low income
for the purpose of rehabilitating their homes to applicable County Code
requirements and to provide for the administration of said fund.

Whereas, the County Council of Montgomery County, Maryland is
committed by law to the enforcement of housing and building codes; and

Whereas, the County Council believes an effective codes enforcement
program must consider human needs in its implementation; and

Whereas, the County Council wishes to encourage the retention of home
ownership by families of low income in the county; and

Whereas, the County Council believes it to be in the public interest
to retain a population with a full range of income levels to meet the
economic needs of the County; and

Whereas, the County Council finds the provision of safe, sanitary,
and decent housing opportunities for all its residents to be in the public
interest; and

Whereas, the County Council believes that the establishment of a fund
which has as its objective the making of low-interest loans to homeowners
who would otherwise be unable to carry out reasonable and necessary
rehabilitation activities on their homes with normal bank financing and
who are not eligible for other forms of low-interest rehabilitation loans
and grants would be of substantial benefit in encouraging the retention of
home ownership by low income homeowners; and

Whereas, it is the intention of the County Council that such a loan
fund provide a supplement and not a substitute to the other means available
for financing home improvements.

Now, therefore, be it enacted by the County Council for Montgomery
County, Maryland, that—

Section 1. Chapter 2 of the Montgomery County Code 1965, as
amended, title "Administration," is hereby amended by adding a new
Section 128B, title "Rehabilitation Loan Fund," to read as follows:

The County Council is hereby empowered and authorized by resolution
to establish and thereafter to maintain a special fund to be known as the
"Rehabilitation Loan Fund" for the purpose of making loans to home-
owners of low income to finance rehabilitation required to make their homes
conform to applicable County Code requirements, provided such loans are
not available on comparable terms and conditions from other sources. The
Council shall prescribe from time to time such terms, conditions, rules and