Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 05. Department of Housing & Community Development |
Subtitle 05. RENTAL HOUSING PROGRAMS |
Chapter 05.05.01. Rental Housing Program |
Sec. 05.05.01.04. Eligible Sponsors
Latest version.
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Sponsors shall meet the following minimum requirements to qualify for a loan:
A. Be in good standing and qualified to do business in the State;
B. Have the legal capacity and all necessary legal authorization to incur the obligations of the loan; and
C. Meet all threshold criteria under Regulation .22 of this chapter.