WILLIAM DONALD SCHAEFER, Governor                     Ch. 11

(d) In addition to the powers enumerated in this article
and any powers given by Montgomery County by local law, the
Housing Opportunities Commission of Montgomery County, in
providing housing for persons of eligible income in accordance
with subsection (c) [above] OF THIS SECTION, shall have the
following powers:

(1)  To make mortgage loans and make rent subsidy
payments to persons of eligible income.

(2)  To make construction loans and long-term mortgage
loans to any person, firm, partnership, association, joint
venture, or corporation, public or private, to produce housing
for persons of eligible income.

(3)  To purchase mortgages secured by housing for
persons of eligible income.

DRAFTER'S NOTE: This corrects a stylistic error in an
internal reference in Article 44A, § 8A(d).

The stylistic error occurred in Ch. 508 of the Acts of
1974.

The stylistic error was noted by the Michie Company.

8B.

(c) In addition to the powers enumerated in this article
and any powers given by local law, the Housing Authority of
Baltimore City, in providing housing for persons of eligible
income in accordance with subsection (b) [above] OF THIS SECTION,
shall have the following powers:

(1)  Within its area of operation: to make mortgage
loans and make rent subsidy payments to persons of eligible
income.

(2)  Within its area of operation: to make
construction loans and long-term mortgage loans to any person,
firm, partnership, association, joint venture, or corporation,
public or private, to produce housing for persons of eligible
income.

(3)  Within its area of operation: to purchase and to
insure mortgages secured by housing for persons of eligible
income.

DRAFTER'S NOTE: This corrects a stylistic error in an
internal reference in Article 44A, § 8B(c).

The stylistic error occurred in Ch. 618 of the Acts of
1975.

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