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Maryland Code, Housing and Community Development § 4-403

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The purposes of the Program are to:

(1) stimulate the production and preservation of rental housing;

(2) increase and improve the supply of decent, safe, and sanitary rental housing at costs that are affordable to households of limited income;

(3) use available resources efficiently to serve the households that are in need of quality affordable housing opportunities, including families, the elderly, and persons with disabilities or special needs;

(4) support economic growth and activity by financing, in whole or in part, the construction or substantial rehabilitation of rental housing projects;  and

(5) revitalize sustainable communities, as defined in § 6-301 of this article, through office or other commercial space conversion.

Cite this article: - Maryland Code, Housing and Community Development § 4-403 - last updated December 31, 2021 |

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