WILLIAM DONALD SCHAEFER, Governor                      Ch. 92

(2) THIS SUBSECTION SHALL BE INAPPLICABLE IF ITS
APPLICATION WOULD DISQUALIFY THIS STATE OR ANY COUNTY FROM
RECEIVING ANY FEDERAL FUNDS.

(C)  SUBJECT TO THE AUTHORITY OF THE BOARD OF COUNTY
COMMISSIONERS AS SET FORTH IN SUBSECTION (B) OF THIS SECTION, THE
QUEEN ANNE'S COUNTY HOUSING AUTHORITY, IN ADDITION TO THE POWERS
ENUMERATED IN THIS ARTICLE AND PROVIDED BY LOCAL LAW, MAY:

(1)  MAKE MORTGAGE LOANS AND MAKE RENT SUBSIDY
PAYMENTS TO PERSONS OF ELIGIBLE INCOME;

(2)  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; OR

(3)  WAIVE INCOME LIMITS FOR PERSONS 65 YEARS OF AGE
OR OLDER.

(D)  (1) IN ADDITION TO THE POWERS ENUMERATED IN THIS
ARTICLE, THE AUTHORITY MAY EXERCISE ITS POWERS AS GRANTED BY THIS
ARTICLE IRRESPECTIVE OF THE FACT THAT ACTIVITIES MAY DISPLACE OR
LIMIT ECONOMIC COMPETITION.

(2) THE POWERS GRANTED TO THE AUTHORITY PURSUANT TO
THIS SECTION MAY NOT BE CONSTRUED:

(I)  TO GRANT TO THE AUTHORITY POWERS IN A
SUBSTANTIVE AREA NOT OTHERWISE GRANTED TO THE AUTHORITY BY OTHER
PUBLIC GENERAL OR PUBLIC LOCAL LAW;

(II)  TO RESTRICT THE AUTHORITY FROM EXERCISING
POWER GRANTED TO THE AUTHORITY BY OTHER PUBLIC GENERAL OR PUBLIC
LOCAL LAW OR OTHERWISE;

(III)  TO AUTHORIZE THE AUTHORITY OR ITS
OFFICERS TO ENGAGE IN AN ACTIVITY WHICH IS BEYOND THEIR POWER
UNDER OTHER PUBLIC GENERAL LAW, PUBLIC LOCAL LAW, OR OTHERWISE;
OR

(IV)  TO PREEMPT OR SUPERSEDE THE REGULATORY
AUTHORITY OF ANY STATE DEPARTMENT OR AGENCY UNDER ANY PUBLIC
GENERAL LAW.

16.

(c) Bonds of the Housing Opportunities Commission of
Montgomery County, bonds of the Prince George's County Housing
Authority, [and] bonds of the Washington County Housing
Authority, AND BONDS OF THE QUEEN ANNE'S COUNTY HOUSING AUTHORITY
may be sold either at public or private sale in the manner and

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