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2007 Laws of Maryland
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Ch. 603
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title to the unit under certain circumstances; clarifying certain disclosure
requirements in a contract of sale to an original buyer of a workforce housing
unit; repealing a certain requirement that the deed to an initial buyer of a
workforce housing unit include certain disclosures and create a certain lien
under certain circumstances; requiring amounts owed to the Department when
an original buyer transfers title to a homeownership workforce housing unit be
secured by a certain recorded lien; denning a certain term; making stylistic
changes; and generally relating to the Workforce Housing Grant Program.
BY adding to
Article - Housing and Community Development
Section 4-506
Annotated Code of Maryland
(2006 Volume)
BY repealing and reenacting, with amendments,
Article - Housing and Community Development
Section 4-1801, 4-1802, 4-1804, 4-1807, 4-1808, 4-1810, and 4-1811
Annotated Code of Maryland
(2006 Volume)
BY repealing and reenacting, without amendments,
Article - Housing and Community Development
Section 4-1803, 4-1805, 4-1806, 4-1809, 4-1812, and 4-1813
Annotated Code of Maryland
(2006 Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Housing and Community Development
4-506.
(A) IN THIS SECTION, "FUND" MEANS THE WORKFORCE HOUSING
FUND.
(B) THERE IS A WORKFORCE HOUSING FUND.
(C) AS PROVIDED IN THE STATE BUDGET, THE DEPARTMENT SHALL
USE THE FUND TO OPERATE AND PROVIDE FUNDS UNDER THE WORKFORCE
HOUSING GRANT PROGRAM.
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- 3848 -
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