MARVIN MANDEL, Governor
2895
(2) WITHIN ITS AREA OF OPERATION: TO 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.
(3) WITHIN ITS AREA OF OPERATION: TO
PURCHASE AND TO INSURE MORTGAGES SECURED BY HOUSING FOR
PERSONS OF ELIGIBLE INCOME.
(D) FOR PURPOSES OF THIS SECTION, THE PHRASE
"HOUSING OR HOUSING PROJECT FOR PERSONS OF ELIGIBLE
INCOME" MEANS ANY UNDERTAKING OR PROJECT, OR PORTION
THEREOF, INCLUDING LANDS, BUILDINGS AND IMPROVEMENTS,
REAL, MIXED AND PERSONAL PROPERTIES OR INTEREST THEREIN
THAT IS PLANNED, ACQUIRED, OWNED, DEVELOPED, CONSTRUCTED,
RECONSTRUCTED, REHABILITATED OR IMPROVED FOR PURPOSES OF
PROVIDING DWELLING ACCOMMODATIONS, A SUBSTANTIAL PORTION
OF WHICH ACCOMMODATIONS SHALL BE FOR PERSONS OF ELIGIBLE
INCOME, AND SUCH STREETS, ROADS, SEWER AND WATERLINES AND
OTHER SUPPORTING PUBLIC AND PRIVATE FACILITIES INTENDED
FOR COMMERCIAL, EDUCATIONAL, CULTURAL, RECREATIONAL,
COMMUNITY OR OTHER CIVIC PURPOSES AS MAY BE DEEMED
NECESSARY FOR SOUND COMMUNITY DEVELOPMENT.
(E) FOR PURPOSES OF THIS SECTION, THE PHRASE
"PERSONS OF ELIGIBLE INCOME" MEANS PERSONS WHO
INDIVIDUALLY OR AS PART OF A FAMILY UNIT LACK SUFFICIENT
INCOME OR ASSETS (AS DETERMINED BY THE MAYOR OF BALTIMORE
CITY OR HIS DESIGNEE) TO ENABLE THEM, WITHOUT FINANCIAL
ASSISTANCE, TO LIVE IN DECENT, SAFE AND SANITARY
DWELLINGS WITHOUT OVERCROWDING.
SECTION 2. AND BE IT FURTHER ENACTED, That Section
10 of Article 44A — Housing Authorities, of the Annotated
Code of Maryland (1971 Replacement Volume and 1974
Supplement) be and it is hereby repealed and re—enacted,
with amendments, to read as follows:
Article 44A - Housing Authorities
10.
In the operation or Management of housing projects
an authority shall at all times observe the following
duties with respect to rentals and tenant selection: (a)
It may rent or lease the dwelling accommodations therein
only to persons of low income. (b) It may rent or lease
the dwelling accommodations therein only at rentals
within the financial reach of such persons of low income.
(c) It may rent or lease to a tenant dwelling
accommodations consisting of the number of rooms (but no
greater number) which it deems necessary to provide safe
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