HARRY HUGHES,, Governor

3011

538.

(a)   In this subtitle the following words have the
meanings indicated.

(b)   "Department" means the Department of Economic and
Community Development.

(c)   "Fund" means the Neighborhood Housing Services
Fund.

(d)   "Operating budget" means all those funds necessary
for administrative, technical, legal or other expenses of
operating a neighborhood housing services corporation,
INCLUDING THE EXPENSES INCURRED BY AN UMBRELLA CORPORATION
IN OPERATING NEIGHBORHOOD HOUSING SERVICES PROGRAMS,
excluding funds allocated to [or used in connection with]
revolving or other loan funds.

(e)   "Political subdivision" means a county or
municipal corporation.

(f)   "Neighborhood Housing Services Corporation" means
a neighborhood housing services corporation established in
connection with the National Neighborhood Reinvestment
Corporation.

(G) "NEIGHBORHOOD HOUSING SERVICES PROGRAM" MEANS A
PROGRAM WHICH IS ESTABLISHED AND SUPERVISED BY A
NEIGHBORHOOD HOUSING SERVICES CORPORATION FOR THE PURPOSE OF
ADMINISTERING THE CORPORATION'S GOALS AND SERVICES WITHIN A
SPECIFIC NEIGHBORHOOD.

[(g)] (H) "Secretary" means the Secretary of the
Department of Economic and Community Development.

(I) "UMBRELLA CORPORATION" MEANS A NEIGHBORHOOD
HOUSING SERVICES CORPORATION WHICH ESTABLISHES AND
SUPERVISES 2 OR MORE NEIGHBORHOOD HOUSING SERVICES PROGRAMS.

540.

(a) (1) The Department shall make grants to eligible
neighborhood housing services corporations pursuant to the
terms of subsections (b) and (c).

(2) [A neighborhood housing services corporation
which oversees programs in more than one neighborhood shall]
AN UMBRELLA CORPORATION SHALL ALSO be eligible for a grant
for each neighborhood HOUSING SERVICES program [in addition
to a grant for the central corporation] UNDER ITS
SUPERVISION.