1142 LAWS OF MARYLAND Ch. 433
(c) "Families [[OR PERSONS]] of limited incomes"
means families OR PERSONS [[ (including BOTH elderly
single persons AND PERSONS WHO ARE TOTALLY AND
PERMANENTLY DISABLED)]] whose incomes do not exceed upper
income limits established by the Secretary of Economic
and Community Development taking into consideration
factors including (1) the amount of the total income of
such families available for housing needs, (2) the size
of the family, (3) the cost and condition of housing
facilities available, (4) the ability of such families to
compete successfully in the normal private housing market,
and (5) standards and definitions established for
pertinent federal housing programs.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.
Approved May 4, 1976.
CHAPTER 434
(House Bill 795)
AN ACT concerning
Community Development Administration
FOR the purpose of [[repealing the authorization for
mortgage loans under a Community Development Project
to bear interest at a variable interest rate]]
prohibiting increases in the rate of interest
charged on certain mortgage loans by Community
Development Administration.
BY repealing and reenacting, with amendments,
Article 41 — Governor—Executive and
Administrative Departments
Section 266DD-4(13)
Annotated Code of Maryland
(1971 Replacement Volume and 1975 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 266DD-4(13) of Article 41 -
Governor—Executive and Administrative Departments, of the
Annotated Code of Maryland (1971 Replacement Volume and
1975 Supplement) be and it is hereby repealed and
reenacted, with amendments, to read as follows:
Article 41 — Governor—Executive and
Administrative Departments
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