Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 05. Department of Housing & Community Development |
Subtitle 04. SPECIAL LOAN PROGRAMS |
Chapter 05.04.08. Accessory, Shared, and Sheltered Housing Program |
Sec. 05.04.08.02. Objective
Latest version.
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The basic objectives of the Program are:
A. To make loans to or for the benefit of individuals with limited incomes to finance rehabilitation projects to provide housing opportunities for families of limited income by creating accessory, shared, and sheltered housing facilities; and
B. To develop the capacity of political subdivisions to administer the Program.