WILLIAM DONALD SCHAEFER, Governor Ch. 220

SUBTITLE 7. GROUP HOME FINANCING PROGRAM

2-701.

(A). IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(B)   "PERSONS OF LOWER INCOME" MEANS INDIVIDUALS OR FAMILIES
WHOSE INCOMES DO NOT EXCEED UPPER INCOME LIMITS ESTABLISHED BY
THE SECRETARY.

(C)   "GROUP HOME" MEANS:

(1)  A HOUSING FACILITY OFFERING:

(I)  COMMON, SHARED, OR INDEPENDENT LIVING,
DINING, KITCHEN, SANITARY, AND SLEEPING FACILITIES; AND

(II)  SUPPORTIVE SERVICES OR SUPERVISORY
PERSONNEL TO INDIVIDUALS WITH SPECIAL HOUSING NEEDS WHERE THE
INDIVIDUALS ARE NOT RELATED TO THE GROUP HOME SPONSOR.

(2)  A GROUP HOME NEED NOT INCLUDE ALL OF THE
FACILITIES DESCRIBED IN PARAGRAPH (1)(I) OF THIS SUBSECTION IF IT
PROVIDES EMERGENCY AND TEMPORARY HOUSING FACILITIES FOR HOMELESS
PERSONS.

(D)   "GROUP HOME SPONSOR" MEANS A BORROWER UNDER THE PROGRAM
WHO OWNS AND OPERATES A GROUP HOME AND WHO IS:

(1)  A NONPROFIT ORGANIZATION;

(2)  AN INDIVIDUAL; OR

(3)  A LIMITED PARTNERSHIP IF:

(I)  EACH OF THE GENERAL PARTNERS QUALIFIES AS A
NONPROFIT ORGANIZATION; OR

(II)  THE LIMITED PARTNERSHIP IS A WHOLLY OWNED
SUBSIDIARY OF A NONPROFIT ORGANIZATION; AND

(III)  THE LIMITED PARTNERSHIP IS FORMED FOR THE
PURPOSE OF UNDERTAKING A GROUP HOME PROJECT THAT IS ELIGIBLE IN
WHOLE OR IN PART FOR FEDERAL PROGRAMS OR INCENTIVES, INCLUDING
LOW INCOME HOUSING TAX CREDITS; AND

(IV)  A NONPROFIT ORGANIZATION IS MANAGING THE
PROJECT OR WILL BE THE RECIPIENT OF NET CASH FLOW OR THE RESIDUAL
SALE PROCEEDS UPON SALE OF THE GROUP HOME.

(E)  "LOAN" MEANS A LOAN OF MONEY MADE BY THE DEPARTMENT
UNDER THIS SUBTITLE.

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