clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1986
Volume 768, Page 2196   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

2196

LAWS OF MARYLAND

Ch. 627

(2)  The Department shall operate the program and make
migratory worker housing facilities loans from the fund under the
provisions of this section.

(3)  To the extent applicable, provisions for
migratory housing facilities loans shall satisfy the requirements
of § 257L(c)(6).

(4)  To qualify for a migratory housing facilities
loan, the owner of a migratory labor camp:

(i) Must be a resident of or have a principal
place of business in the State of Maryland;

(ii) Must have been denied a loan by a private
lending institution, or else have received a commitment from a
private lending institution for less than the amount of funds
required to finance the necessary health and safety improvements;
and

(iii) Must have submitted to the Department a
plan for the necessary health and safety improvements that has
been approved by the Office of Environmental Programs of the
State Department of Health and Mental Hygiene.

(5)  To the extent determined by the Secretary, the
program shall be administered in conjunction with any appropriate
federal programs.

(E) NONPROFIT REHABILITATION PROGRAM.

(1)  THE NONPROFIT REHABILITATION PROGRAM IS CREATED
WITHIN THE MARYLAND HOUSING REHABILITATION PROGRAM.

(2)  THE DEPARTMENT SHALL OPERATE THE PROGRAM AND MAKE
LOANS FROM THE FUND FOR REHABILITATION PROJECTS TO NONPROFIT
SPONSORS UNDER THE PROVISIONS OF THIS SECTION.

(3)  TO QUALIFY FOR A NONPROFIT REHABILITATION LOAN, A
NONPROFIT SPONSOR:

(I)  MUST BE THE OWNER OF, OR BE ACTING ON
BEHALF OF THE OWNER OF, THE BUILDING TO BE REHABILITATED;

(II)  MUST USE THE PROCEEDS OF THE LOAN FOR A
REHABILITATION PROJECT WHICH WILL PROVIDE DWELLING UNITS OR
RESIDENTIAL FACILITIES FOR OCCUPANCY BY FAMILIES OF LIMITED
INCOME; AND

(III)  MUST DEMONSTRATE THE CAPABILITY TO MANAGE
THE REHABILITATED PROJECT AND PAY BACK THE LOAN.

(4)  THE TERMS AND PROVISIONS FOR NONPROFIT
REHABILITATION LOANS SHALL SATISFY THE REQUIREMENTS OF §
257L(C)(6).

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1986
Volume 768, Page 2196   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives