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ROBERT L. EHRLICH, JR., Governor
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Ch. 63
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In item (7) of this section, the former statement that the public interest
"requires the remedying of these conditions" is deleted as surplusage.
Defined terms: "Area of operation" § 12-101
"Baltimore Authority" § 15-101
"Person of eligible income" § 12-101
15-104. BALTIMORE AUTHORITY ESTABLISHED.
THE HOUSING AUTHORITY OF BALTIMORE CITY IS A PUBLIC BODY CORPORATE
AND POLITIC THAT:
(1) EXERCISES PUBLIC AND ESSENTIAL GOVERNMENTAL FUNCTIONS;
AND
(2) HAS ALL THE POWERS NECESSARY OR CONVENIENT TO CARRY OUT
THE PURPOSES OF THIS DIVISION II.
REVISOR'S NOTE: This section is new language derived without substantive
change from the first sentence of former Art. 44A, § 3-102(b).
The former reference to "effectuate" is deleted in light of the reference to
"carry out".
Also the former reference to "provisions" is deleted in light of the reference
to "purposes".
15-105. POWERS OF BALTIMORE AUTHORITY.
(A) IN GENERAL.
IN ADDITION TO THE POWERS LISTED ELSEWHERE IN THIS DIVISION H AND
ANY POWERS GIVEN BY LOCAL LAW, THE BALTIMORE AUTHORITY WITHIN ITS AREA
OF OPERATION MAY:
(1) MAKE MORTGAGE LOANS;
(2) MAKE RENT SUBSIDY PAYMENTS TO OR FOR PERSONS OF ELIGIBLE
INCOME;
(3) MAKE CONSTRUCTION LOANS AND LONG-TERM MORTGAGE LOANS
TO ANY PERSON TO PRODUCE HOUSING FOR PERSONS OF ELIGIBLE INCOME; AND
(4) PURCHASE AND INSURE MORTGAGES SECURED BY HOUSING FOR
PERSONS OF ELIGIBLE INCOME.
(B) NUMBER OF RESIDENTS WHO NEED NOT BE PERSONS OF ELIGIBLE
INCOME.
NOT MORE THAN 80% OF THE RESIDENTS OF A HOUSING PROJECT MAY HAVE
INCOMES ABOVE THE LEVELS FOR PERSONS OF ELIGIBLE INCOME.
(C) EFFECT OF LISTING OF POWERS.
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- 489 -
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