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Session Laws, 1995
Volume 793, Page 1501   View pdf image
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PARRIS N. GLENDENING, Governor                             Ch. 115

(1)     Moneys appropriated by the State for homeownership programs,
including the Maryland Home Financing Program authorized under this subtitle and the
Settlement Expense Loan Program authorized under Subtitle 10 of this title;

(2)     Any moneys received from the sale of the State's general obligation
bonds;

(3)     Repayments or prepayments of principal and interest on loans made
under the Program, or under the Homeowners' Emergency Mortgage Assistance
Program, the Reverse Equity Program, or the Maryland Home Financing Program prior
to July 1, 1989, or under the Settlement Expense Loan Program prior to or after July 1,
1989;

(4)     All moneys credited to the Reverse Equity Program or the Homeowners'
Emergency Mortgage Assistance Program which moneys shall be transferred to the
Homeownership Programs Fund as of July 1, 1989; and

(5)     Any moneys transferred to the Fund in accordance with §§ 2-313(j),
2-505(d), 2-708(d), [and] 2-805(d), AND 2-1303(D) 2-1307(D) of this title.

2-708.

(a) The Program shall be operated with moneys in the Special Loan Programs
Fund, which Fund shall be a continuing, nonlapsing special fund consisting of:

(1)     Moneys appropriated by the State for the Special Maryland Housing
Rehabilitation Program authorized under § 2-303 of this title, the Group Home
Financing Program authorized under this subtitle, and the regular Maryland Housing
Rehabilitation Program authorized under § 2-303 of this title;

(2)     Repayments and prepayments of loans made under such programs, both
prior to and after July 1, 1989; and

(3)     Moneys transferred to the Fund in accordance with §§ 2-313(j),
2-505(d), 2-613(d), 2-805(d), [and] 2-1006(e), AND 2-1303(D) 2-1307(D) of this title.

2-805.

(a) The Program shall be operated with moneys in the Rental Housing Programs
Fund, which Fund shall be a continuing, nonlapsing special fund consisting of:

(1)     Moneys appropriated by the State for rental housing programs, including
the Elderly Rental Housing Program authorized by this subtitle, the Rental Housing
Production Program authorized by Subtitle 5 of this title, the Nonprofit Rehabilitation
Program authorized by § 2-305 of this title, and the Multifamily Maryland Housing
Rehabilitation Program as authorized by § 2-303 of this title;

(2)     Repayments and prepayments of loans made under such programs, both
prior to and after July 1, 1989; and

(3)     Moneys transferred to the Rental Housing Programs Fund in
accordance with §§ 2-313(j), 2-613(d), 2-1006(e), [and] 2-708(d), AND 2-1303(D)
2-1307(D) of this title.

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Session Laws, 1995
Volume 793, Page 1501   View pdf image
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