5428

COUNTY LOCAL LAWS

FINANCIAL ASSISTANCE, TO LIVE IN DECENT, SAFE AND
SANITARY DWELLINGS WITHOUT OVERCROWDING.

(B)     "OPPORTUNITY HOUSING" SHALL MEAN THOSE
DWELLING OR HOUSING UNITS FOR WHICH THE RENTAL OR SELLING
PRICE IS ESTABLISHED BY THE COUNTY PURSUANT TO THIS
ARTICLE IN ORDER THAT PERSONS OF ELIGIBLE INCOME MAY BE
ABLE. WITHIN THEIR RESPECTIVE INCOMES, TO LIVE IN DECENT,
SAFE AND SANITARY ACCOMMODATIONS WITHOUT OVERCROWDING.

(C)    "OPPORTUNITY HOUSING PROJECT" SHALL MEAN
ANY WORK OR UNDERTAKING PURSUANT TO THIS ARTICLE TO
PROVIDE DECENT, SAFE AND SANITARY INDIVIDUAL OR
MULTI-UNIT DWELLINGS OR HOUSING FOR PERSONS OF ELIGIBLE
INCOME, SUCH WORK OR UNDERTAKING MAY INCLUDE, BUT SHALL
NOT BE LIMITED TO, THE PROVISION OF BUILDINGS, LAND,
EQUIPMENT, UTILITIES, STREETS, PARKS, AND ANY OTHER
FACILITIES, RIGHTS OR APPURTENANCES DEEMED TO BE
NECESSARY, CONVENIENT, OR DESIRABLE WITHIN THE GENERAL
INTENT OF THIS ARTICLE, THE PHRASE "OPPORTUNITY HOUSING
PROJECT" ALSO MAY BE APPLIED TO THE PLANNING OF BUILDINGS
AND IMPROVEMENTS, THE ACQUISITION OF PROPERTY, THE
DEMOLITION OF EXISTING STRUCTURES, THE CONSTRUCTION,
RECONSTRUCTION, ALTERATION AND REPAIR OF IMPROVEMENTS AND
ALL OTHER WORK IS CONNECTION WITH THE PRODUCTION OF
OPPORTUNITY HOUSING UNITS.

(D) "NON-PROFIT HOUSING DEVELOPMENT
CORPORATION" SHALL MEAN A NON-PROFIT OR CHARITABLE
PRIVATE OR PUBLIC CORPORATION AUTHORIZED BY THE COUNTY TO
RECEIVE AND EXPEND PUBLIC FUNDS, IN ORDER TO PROVIDE, OR
ASSIST IN PROVIDING, DECENT, SAFE AND SANITARY DWELLING
ACCOMMODATIONS WITHOUT OVERCROWDING.

(E) "REAL PROPERTY" SHALL MEAN ALL LANDS,
INCLUDING IMPROVEMENTS AND FIXTURES THEREON, AND THE
PROPERTY OF ANY NATURE APPURTENANT THERETO, OR USE IN
CONNECTION THEREWITH, AND EVERY ESTATE, INTEREST AND
RIGHT, LEGAL OR EQUITABLE THEREIN, INCLUDING TERMS FOR
YEARS AND LIENS BY WAY OF JUDGMENT, MORTGAGE OR OTHERWISE
AND THE INDEBTEDNESS SECURED BY SUCH LIENS.

56-23. POWERS AND AUTHORITY OF COUNTY.

FOR THE PURPOSE OF EFFECTUATING AND CARRYING OUT THE
PROVISIONS OF THIS ARTICLE, MONTGOMERY COUNTY, MARYLAND,
IS HEREBY EMPOWERED, AND THE COUNTY EXECUTIVE IS HEREBY
AUTHORIZED ON THE COUNTY'S BEHALF, TO:

(A) PUBLIC FUNDS: EXPEND PUBLIC FUNDS FOR
ANY OF THE PURPOSES SET FORTH IN THIS ARTICLE.

(B) OPPORTUNITY HOUSING PROJECTS: INSTITUTE
OPPORTUNITY HOUSING PROJECTS BY PREPARING, CARRYING OUT,