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Session Laws, 1995
Volume 793, Page 3729   View pdf image
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PARRIS N. GLENDENING, Governor                             S.B. 338

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

2-505.

(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 Rental Housing Production Program authorized by this subtitle, the Elderly Rental
Housing Program authorized by Subtitle 8 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 Fund in accordance with §§ 2-613(d),
2-708(d), 2-313(j), [and] 2-1006(e), AND 2-1303(D) 2-1307(D) of this title.

2-613.

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

(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:

- 3729 -

 

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Session Laws, 1995
Volume 793, Page 3729   View pdf image
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