WILLIAM DONALD SCHAEFER, Governor                   Ch. 311

(c) In guaranteeing loans under this [subheading] SUBTITLE,
consideration shall be given to:

(1)  Geographic distribution;

(2)  Community need; and

(3)  Community income, with priority given to those
communities with the lowest median family income.

[13-305.] 6-205.

(a)  If, at any time, the amount of money in the Fund
exceeds the amount that the Department considers necessary
currently to meet its expenses and obligations, the excess shall
be:

(1)  Deposited with the State Treasurer, to the credit
of the Fund; and

(2)  Invested in the manner provided for by law.

(b)  If, at any time, the amount of money in or credited to
the Fund exceeds the amount that the Department considers
necessary to meet its obligations, the excess, on resolution of
the Department, shall be paid to the State Treasurer.

[13-306.] 6-206.

Annually, the State Treasurer shall report to the Department
as to:

(1)  The status of the money invested under this
[subheading] SUBTITLE;

(2)  The market value of the assets in the Fund as of
the date of the report; and

(3)  The interest received from investments during the
period covered by the report.

[13-307.] 6-207.

Subject to the restrictions of this [subheading] SUBTITLE,
the Department, on application, may provide to the applicant the
following types of financial assistance:

(1)  A guarantee of a loan made to the applicant; or

(2)  If the applicant is a corporation, a guarantee of
an equity investment in the applicant.

[13-308.] 6-208.

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