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WILLIAM DONALD SCHAEFER, Governor
Ch. 311
authority when necessary to preserve the historic or
architectural value of any building undergoing rehabilitation
pursuant to this section.
[(iii)] (3) "Rehabilitation project" includes
the provision of utility submetering for units in a residential
rental building.
[(16)] (P) "Shared housing" means a single-family,
owner-occupied dwelling unit adapted for common and shared living
use by the owner-occupant and another family of limited income.
[(17)] (Q) "Sheltered housing" means a single-family,
owner-occupied dwelling that accommodates the owner-occupant and
provides sleeping and living facilities, meals and assistance
with daily activities for a rental fee to not more than 15
elderly, disabled, or handicapped persons residing in the
dwelling.
[(18)] (R) "Special loan programs" means the
Nonprofit Rehabilitation Program, the Accessory, Shared and
Sheltered Housing Program, the Lead Paint Abatement Program, the
Indoor Plumbing Program, the Migratory Worker Housing Facilities
Program, and the Livability Code Rehabilitation Program.
[(19)] (S) "Special loans" means loans made under the
special loan programs.
[(20)] (T) "Sponsor" means an owner who receives a
loan to rehabilitate a building for residential rental purposes,
for nonresidential purposes, or for both. A sponsor shall agree
that at least two-thirds of all dwelling units rehabilitated with
the proceeds of the loan shall be occupied by families of limited
income for at least [five] 5 years after the rehabilitation of
those units is completed. The Secretary shall establish need
criteria for the sponsor to ensure the maximum use of any
available private financing. To qualify for a loan, except for
special loans, a sponsor 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 necessary for the rehabilitation. If a portion of
rehabilitation is to be financed by a private lending
institution, the Department shall require that the sponsor
utilize the maximum amount of private financing which the project
can support without impairing the feasibility of the project and,
if residential, of providing affordable housing to limited-income
tenants.
[(c)] 2-303. (A) [The] THERE IS A Maryland Housing
Rehabilitation Program [is created]. Except as otherwise
specifically provided, the provisions of this [subsection]
SECTION shall not apply to special loans.
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