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Session Laws, 2006
Volume 750, Page 746   View pdf image
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Ch. 118
2006 LAWS OF MARYLAND
(iv) rehabilitate OR ACQUIRE AND REHABILITATE large rental
housing facilities for low- and moderate-income individuals and keep those facilities
in a decent, safe, and sanitary condition; and (v) reduce or eliminate radon and asbestos, which are major
detriments to the health and safety of residents, on a pilot program basis. 4-906. (b) (1) The Multifamily Rehabilitation Program consists of: (i) Program loans made to rehabilitate OR ACQUIRE AND
REHABILITATE buildings providing more than four dwellings or serving
nonresidential needs; and (ii) Program loans to nonprofit sponsors under § 4-929 of this
subtitle. (2)     Except for Program loans made under a special loan program, the
Regular Rehabilitation Program consists of Program loans to rehabilitate [or
reconstruct] residential buildings providing four or fewer dwellings. (3)     The Special Rehabilitation Program consists of Program loans made
under a special loan program. 4-914. i (b) (1) By regulation, the Department shall establish standards for
determining the capability of a political subdivision to administer a LOCAL
rehabilitation program. (2) The standards shall include provisions on: (i) the size, training, and experience of the professional staff that
would administer the Program; and (ii) the capability of the professional staff to: 1.       determine rehabilitation needs; 2.       establish rehabilitation programs; 3.       evaluate applications for Program loans; and 4.       monitor Program loans and the rehabilitation work done
with them. 4-922. (a) In addition to making loans for rehabilitation projects to SPONSORS,
NONPROFIT SPONSORS, OR families of limited income from the Rental Housing
Programs Fund and the Special Loan Programs Fund, the Department may use
money from any other authorized source, including federal programs of assistance for
rehabilitation, to make: - 746 -


 
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Session Laws, 2006
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