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Session Laws, 2006
Volume 750, Page 738   View pdf image
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2006 LAWS OF MARYLAND
Ch. 117
(2)     adopt policies and procedures that encourage partnership rental
housing throughout the State; and (3)     adopt regulations to carry out the Program, including regulations
that [set minimum and maximum] SPECIFY CRITERIA FOR local contributions to the
cost of [each successive] partnership [project] PROJECTS undertaken by a political
subdivision or housing authority [based on the fiscal capacity of the political
subdivision or housing authority, as provided in § 4-1207(a)(8) of this subtitle]. 4-1206. A household qualifies as a household of lower income: (1)     for initial occupancy, if the gross annual income of the household does
not exceed: (i) 50% of the statewide median income for a household of like size;
or (ii) a lower income level that the Secretary establishes for a
particular partnership project OR FOR A UNIT OF PARTNERSHIP RENTAL HOUSING TO
BE OCCUPIED BY ONE OR MORE INDIVIDUALS WITH DISABILITIES OR SPECIAL
NEEDS; and (2)     for continuing occupancy, if the gross annual income for the
household does not exceed the greater of: (i) [140% of initial occupancy limits for partnership projects for the
year of continuing occupancy] AN INCOME LEVEL THAT THE SECRETARY
ESTABLISHES; and (ii) an applicable federal requirement.
4-1207. (a) [The] EXCEPT AS PROVIDED IN SUBSECTION (C) OF THIS SECTION, THE
Department may approve an application for a proposed partnership project only if: (1)     the application is authorized by the chief elected official of the
political subdivision or, if there is no chief elected official, by the governing body of the
political subdivision in which the project is located; (2)     the political subdivision or housing authority: (i) contributes from nonstate sources the land for the partnership
rental housing; [or] (ii) funds the part of the acquisition cost of the property that is
attributable to the value of the land; OR (III) MAKES A CONTRIBUTION UNDER § 4-1208(D)(2) OF THIS
SUBTITLE THAT EQUALS OR EXCEEDS THE VALUE OF THE LAND;
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Session Laws, 2006
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