Ch. 311

[11-901.] 4-301.                                                                                     

(a) In this subtitle the following words have the meanings
indicated.

[(b) "Department" means the Department of Economic and
Community Development.]

[(c)](B) "Fund" means the Neighborhood Housing Services
Fund.

[(d)] (C) "Operating budget" means all those funds
necessary for administrative, technical, legal or other expenses
of operating a neighborhood housing services corporation,
including the expenses incurred by an umbrella corporation in
operating neighborhood housing services programs, excluding funds
allocated to revolving or other loan funds.

[(e)] (D) "Political, subdivision" means a county or
municipal corporation.

[(f)] (E) "Neighborhood Housing Services Corporation" means
a neighborhood housing services corporation established in
connection with the National Neighborhood Reinvestment
Corporation.

[(g)] (F) "Neighborhood Housing Services Program" means a
program which is established and supervised by a neighborhood
housing services corporation for the purpose of administering the
corporation's goals and services within a specific neighborhood.

[(h) "Secretary" means the Secretary of the Department of
Economic and Community Development.]

[(i)] (G) "Umbrella corporation" means a neighborhood
housing services corporation which establishes and supervises 2
or more neighborhood housing services programs.

[11-902.] 4-302.

There is a Neighborhood Housing Services Fund administered
by the Department.

[11-903.] 4-303.

(a) (1) The Department shall make grants to eligible
neighborhood housing services corporations pursuant to the terms
of subsections (b) and (c) OF THIS SECTION.

(2) An umbrella corporation shall also be eligible
for a grant for each neighborhood housing services program under
its supervision.                                     

- 1758 -

LAWS OF MARYLAND