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Session Laws, 1995
Volume 793, Page 3728   View pdf image
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S.B. 338                                                  VETOES

(b) The Division of [Housing] DEVELOPMENT Finance includes: . .

(1)     The Community Development Administration;

(2)     The Maryland Housing Rehabilitation Program;

(3)     The Rental Housing Production Program;                         

(4)     The Maryland Home Financing Program; [and]

(5)     THE GROUP HOME FINANCING PROGRAM;

(6)     The Elderly Rental Housing Program;

(7)     THE SETTLEMENT EXPENSE LOAN PROGRAM;

(8)     THE PARTNERSHIP RENTAL HOUSING PROGRAM;

(9)     THE OPERATING ASSISTANCE GRANT DEMONSTRATION PROJECTS;

AND

(10)    THE NEIGHBORHOOD BUSINESS DEVELOPMENT PROGRAM.
2-313.                                                                                                 

(a)     Rehabilitation loans under the Multifamily Rehabilitation Program and
nonprofit rehabilitation loans shall be funded 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 Rental Housing Production Program authorized by Subtitle 5 of this title, the Elderly
Rental Housing Program authorized by Subtitle 8 of this title, the Nonprofit
Rehabilitation Program authorized by § 2-305 of this subtitle, and the Multifamily
Rehabilitation Program as authorized by § 2-303 of this subtitle;

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

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

(b)     Rehabilitation loans under the Regular Rehabilitation Program and special
loans made under the special loan programs shall be funded 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 special loan programs, including
the Special Rehabilitation Program authorized under § 2-303 of this subtitle, the Group
Home Financing Program authorized under Subtitle 7 of this title, and the Regular
Rehabilitation Program as authorized under § 2-303 of this subtitle;

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

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Session Laws, 1995
Volume 793, Page 3728   View pdf image
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