WILLIAM DONALD SCHAEFER, Governor                   Ch. 311

and other organizations involved in implementing the residential
conservation service program under Titles II and VII of the
National Energy Conservation Policy Act, P.L. 95-619, and, in
particular, the Administration shall apply for inclusion on any
master list of lenders compiled by the Maryland Energy Office in
conjunction with the residential conservation service program and
otherwise participate in the program.

(iv) The Administration shall take all actions
necessary to participate in the programs of financial assistance
for energy conservation projects and solar energy projects under
Title V, Subtitle A of the Energy Security Act, P.L. 96-294. In
furtherance thereof, the Administration shall be specifically
deemed . to be, for purposes of that Act, a "financial
institution", as defined in Title V, Subtitle A, § 504(9) of that
Act.

(v) 1. Consistent with the provisions of this
[subheading] SUBTITLE that generally concern the powers of the
Administration to award financial assistance for energy
conservation projects and solar energy projects, the
Administration shall adopt policies and rules and regulations to
establish and implement programs of financial assistance to
eligible persons for energy conservation projects and solar
energy projects as authorized by this [subheading] SUBTITLE.

2. The policies and rules and regulations
adopted by the Administration under this subsection shall include
provisions concerning:

requirements;

and the terms of loans;

eligible buildings;

and

A.  Eligibility and application

B.  Interest rates, maximum loan amounts,

C.  Allocations of funds among classes of

D.  Credit and underwriting requirements;

E. Warranties, representations, forms of
security, certifications, inspections and audits, and any other
means of ensuring compliance with and enforcing the terms of any
financial assistance awarded under this [subheading] SUBTITLE.

[(17) (i) 1. The following words have the meanings
indicated.

2. "Administration" means the Community
Development Administration, a division of the Maryland Department
of Economic and Community Development.

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