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HARRY HUGHES, Governor 1555
Prince George's County - Housing Authority
PG 403-83
FOR the purpose of permitting the Housing Authority of Prince
George's County to provide certain financing for the
acquisition and construction of certain continuing care
facilities for the elderly; defining certain terms;
expressing certain findings concerning continuing care
facilities for the elderly in Prince George's County; and
generally relating to the acquisition and construction of
continuing care facilities for the elderly in Prince
George's County.
BY repealing and reenacting, with amendments,
Article 44A - Housing Authorities
Section 8C
Annotated Code of Maryland
(1982 Replacement Volume)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 44A - Housing Authorities
8C.
(a) It is found and declared that there exists within
Prince George's County (1) a shortage of decent, safe, and
adequate housing AND CONTINUING CARE FACILITIES FOR THE ELDERLY,
and (2) a number of economically depressed areas and housing in
need of rehabilitation. As a result, county residents are forced
to occupy overcrowded, congested and deteriorated housing and
live in depressed neighborhoods, AND MANY ELDERLY CITIZENS ARE
FORCED TO REMAIN IN HOUSING WHICH IS ILL-SUITED FOR THEIR CURRENT
NEEDS AND ABILITIES. These conditions necessitate excessive and
disproportionate expenditures of public funds for public health,
safety and welfare protection, and other public services and
facilities. THE OPERATIONS OF CONTINUING CARE FACILITIES ABSORB
COSTS OF HEALTH, SAFETY, AND SOCIAL SERVICES OF THE RESIDENTS OF
THOSE FACILITIES WHILE ADDING TO THE AVAILABLE HOUSING STOCK OF
THE COUNTY. The shortage of decent, safe, and adequate housing
AND CONTINUING CARE FACILITIES, and the revitalization of
depressed neighborhoods and rehabilitation of housing cannot be
relieved wholly through the operation of private enterprise. The
construction and rehabilitation of housing INCLUDING CONTINUING
CARE FACILITIES for Prince George's County residents, and the
acquisition and expenditure of public funds to produce such
housing, therefore, are not competitive with private enterprise.
A need exists for mortgage credit to be made available for new
housing construction and for rehabilitating existing housing
because many purchasers and owners of housing are unable to
afford mortgage credit at the market rate of interest or obtain
mortgage credit because the mortgage credit market is severely
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