Volume 793, Page 1624 View pdf image |
Ch. 120 1995 LAWS OF MARYLAND (b) As a further step towards and condition of approval of a grant by the [5-505.] 5-805. (a) In approving an application for a loan or grant, the Secretary shall use as the (1) The population of the applying political subdivision and of the area (2) The extent of economic and related social distress, underemployment, (3) The degree of revitalization, renovation, rehabilitation, and physical (4) 'The degree to which the project will advance statewide and/or local (5) The degree to which available sources of federal financial support have (6) The degree to which local governmental sources of funding are (7) The degree to which private financial resources are committed to the (8) The degree to which the community directly impacted has demonstrated (9) The likelihood of recoupment of project costs through sate or lease of (10) The degree of assurance that the project will be completed on time and (b) In determining whether the expenditure of State funds shall be in the form of (1) The fiscal situation of the applying political subdivision; - 1624 -
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Volume 793, Page 1624 View pdf image |
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