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Session Laws, 1989
Volume 771, Page 987   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                        Ch. 5

2-906.

Except as provided in [§ 2-607(b)] § 2-907(B) of this
subtitle, the Department shall administer the Program:

(1)  In conjunction with local political subdivisions
or through their housing agencies or departments; and

(2)  In consultation with the Department of Human
Resources.

DRAFTER'S NOTE:

Error: Obsolete cross-reference in Article 83B, §
2-906.

Occurred: Ch. 236, Acts of 1988. Correction by the
Michie Company in the 1988 Interim Supplement to the
1980 Replacement Volume of Volume 7 of the Annotated
Code of Maryland is validated by this Act.

2-1004.

(c) In approving loans:

(2) Within the income limits established under [§
2-605(a)] § 2-1005(A) of this [article] SUBTITLE, the Department
shall give a high priority to homebuyers of low income.

DRAFTER'S NOTE:

Error: Obsolete cross-reference in Article 83B, §
2-1004(c)(2).

Occurred: Ch. 504, Acts of 1988. Correction by the
Michie Company in the 1988 Interim Supplement to the
1980 Replacement Volume of Volume 7 of the Annotated
Code of Maryland is validated by this Act.

3-204.

The Department shall promulgate such standards for the
eligibility of insurance as are reasonable to provide that the
insurance shall aid in the financing of (1) the purchase,
construction, or rehabilitation as defined in [§ 2-302(o)] §
2-302(P) of this article, of housing; or (2) energy conservation
projects and solar energy projects. These standards shall also
assure that the mortgagee is responsible and able to service the
mortgage properly.

DRAFTER'S NOTE:

- 987 -

 

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Session Laws, 1989
Volume 771, Page 987   View pdf image
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