Ch. 654                                    1996 LAWS OF MARYLAND

(3)     Moneys transferred to the Rental Housing Programs Fund in
accordance with §§ 2-313(j), 2-613(d), 2-1006(e), 2-708(d), and [2-1307(d) of this title]
4-207(D) OF THIS ARTICLE.

2-1006.

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

(1)     Moneys appropriated by the State for homeownership programs,
including the Maryland Home Financing Program authorized by Subtitle 6 of this title
and the Settlement Expense Loan Program authorized by this subtitle;

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

                (3) Moneys transferred to the Fund in accordance with §§ 2-313(j),

2-505(d), 2-708(d), 2-805(d), and [2-1307(d) of this title] 4-207(D) OF THIS ARTICLE;
and

(4)     All other moneys referred to in § 2-613(a) of this title which are not
otherwise set forth in this subsection.

[Subtitle 3.] SUBTITLE 13. Neighborhood Housing Services Fund.
[4-301.] 2-1301.

(a)     In this subtitle the following words have the meanings indicated.

(b)     "Fund" means the Neighborhood Housing Services Fund.

(c)     "Operating budget" means all those funds necessary for administrative,
technical, legal or other expenses of operating a neighborhood housing services
corporation, including the expenses incurred by an umbrella corporation in operating
neighborhood housing services programs, excluding funds allocated to revolving or other
loan funds.

(d)     "Political subdivision" means a county or municipal corporation.

(e)     "Neighborhood Housing Services Corporation" means a neighborhood
housing services corporation established in connection with the National Neighborhood
Reinvestment Corporation.

(f)     "Neighborhood Housing Services Program" means a program which is
established and supervised by a neighborhood housing services corporation for the
purpose of administering the corporation's goals and services within a specific
neighborhood.

(g)     "Umbrella corporation" means a neighborhood housing services corporation
which establishes and supervises 2 or more neighborhood housing services programs.

[4-302.] 2-1302.

There is a Neighborhood Housing Services Fund administered by the Department.

- 3702 -