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§ 1-1103. Purpose of program

West's Annotated Code of MarylandLocal GovernmentEffective: October 1, 2021

West's Annotated Code of Maryland
Local Government (Refs & Annos)
Division I. Definitions; General Provisions [Titles 1-3] (Refs & Annos)
Title 1. Definitions; General Provisions (Refs & Annos)
Subtitle 11. Clean Energy Loan Programs (Refs & Annos)
Effective: October 1, 2021
MD Code, Local Government, § 1-1103
Formerly cited as MD CODE, Art. 24, § 9-1502
§ 1-1103. Purpose of program
Currentness
In general
(a) The purpose of a program is to provide loans to residential property owners, including low income residential property owners, and commercial property owners to finance or refinance:
(1) energy and water efficiency projects;
(2) environmental remediation projects;
(3) renewable energy projects; and
(4) resiliency projects.
Capital for loan provided to commercial property owner
(b) A private lender may provide capital for a loan provided to a commercial property owner under the program.

Credits

Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013. Amended by Acts 2014, c. 472, § 1, eff. Oct. 1, 2014; Acts 2014, c. 473, § 1, eff. Oct. 1, 2014; Acts 2016, c. 534, § 1, eff. Oct. 1, 2016; Acts 2016, c. 535, § 1, eff. Oct. 1, 2016; Acts 2021, c. 441, § 1, eff. Oct. 1, 2021.
MD Code, Local Government, § 1-1103, MD LOCAL GOVT § 1-1103
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.
End of Document