WILLIAM DONALD SCHAEFER, Governor                       Ch. 6

Occurred: Ch. 311, Acts of 1987.

2-101.

(b) The Division of Housing Finance includes:

(6) THE Elderly Rental Housing Program.

DRAFTER'S NOTE:

Error: Omitted word in Article 41B, § 2-101(b)(6).

Occurred: Ch. 311, Acts of 1987.

2-203.

(f) "Community development project" means any undertaking
or project, or portion thereof, including lands, buildings and
improvements, real, mixed and personal properties or interest
therein that is planned, acquired, owned, developed, constructed,
reconstructed, rehabilitated, repaired, renovated, or improved
for the purposes of promoting sound community development. A
community development project shall provide for existing or new
housing which is or which will be occupied in substantial part by
families of limited incomes and shall provide such improvements
as . streets, roads, sewer and water lines, and such other public
or private facilities intended for commercial, educational,
cultural, recreational, community or other civic purpose, as may
be needed to support such new or existing housing. However, if
such other public or private facilities are not needed to support
such new or existing housing, they may be included in a community
development project if they comprise less than a substantial part
of such community development project, unless it is determined by
the Secretary of [Economic] HOUSING and Community Development
that sound community development is promoted by including a
greater proportion of public or private facilities.

(i) "Distressed area" means a geographically defined area
or areas of any municipality or county designated by the
Secretary of [Economic] HOUSING and Community Development at the
request of the municipality or county, taking into consideration
factors including:

(1)  The availability, cost, and condition of housing
and neighborhood facilities, including the age and number of
abandoned and substandard structures;

(2)  The income of residents relative to State or area
wide regional median incomes, including the number of persons who
are welfare recipients, unemployed and in poverty;

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