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§ 4-2501. Definitions

West's Annotated Code of MarylandHousing and Community DevelopmentEffective: July 1, 2019

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division I. Housing and Community Programs [Titles 1-11] (Refs & Annos)
Title 4. Division of Development Finance (Refs & Annos)
Subtitle 25. Qualified Workforce Housing Tax Credit (Refs & Annos)
Effective: July 1, 2019
MD Code, Housing & Community Development, § 4-2501
§ 4-2501. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Opportunity zone
(b) “Opportunity zone” means an area that has been designated as a qualified opportunity zone in the State under § 1400Z-1 of the Internal Revenue Code.
Qualified workforce housing project
(c) “Qualified workforce housing project” means a workforce housing project in an opportunity zone that meets requirements for eligibility for the State tax credit as specified in regulations that the Secretary adopts under § 4-2502 of this subtitle.
State tax credit
(d) “State tax credit” means the income tax credit allowed under § 10-749 of the Tax--General Article.
Workforce housing
(e) “Workforce housing” has the meaning stated in § 4-1801 of this title.

Credits

Added by Acts 2019, c. 211, § 4, eff. July 1, 2019.
MD Code, Housing & Community Development, § 4-2501, MD HOUS & CMTY DEV § 4-2501
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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