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Maryland Code, Housing and Community Development § 4-1206

Current as of December 31, 2021 | Updated by FindLaw Staff

A household qualifies as a household of lower income:

(1) for initial occupancy, if the gross annual income of the household does not exceed:

(i) 50% of the statewide median income for a household of like size; or

(ii) a lower income level that the Secretary establishes for a particular partnership project or for a unit of partnership rental housing to be occupied by one or more individuals with disabilities or special needs; and

(2) for continuing occupancy, if the gross annual income for the household does not exceed the greater of:

(i) an income level that the Secretary establishes; and

(ii) an applicable federal requirement.

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Cite this article: FindLaw.com - Maryland Code, Housing and Community Development § 4-1206 - last updated December 31, 2021 | https://codes.findlaw.com/md/housing-and-community-development/md-code-hous-and-cmty-dev-sect-4-1206/

Read this complete Maryland Code, Housing and Community Development § 4-1206 on Westlaw. Westlaw subscription required.

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