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§ 16-109. Substantial part of housing for persons of eligible income

West's Annotated Code of MarylandHousing and Community DevelopmentEffective: March 22, 2007

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division II. Housing Authorities [Titles 12-End] (Refs & Annos)
Title 16. Montgomery County (Refs & Annos)
Subtitle 1. Definitions; Organization and Administration of Montgomery Commission (Refs & Annos)
Effective: March 22, 2007
MD Code, Housing & Community Development, § 16-109
§ 16-109. Substantial part of housing for persons of eligible income
A substantial part of the housing in a housing project is deemed to be for persons of eligible income if:
(1) after financing is provided by the Montgomery Commission, 50% or more of the housing units are occupied first by persons of eligible income;
(2) 20% or more of the housing units are for low-income persons who are assisted or who are eligible to be assisted with federal subsidies; or
(3) the owners of the housing certify to the Montgomery Commission that they will make their best efforts to meet the standard under item (1) or (2) of this section.

Credits

Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006. Amended by Acts 2007, c. 5, § 1, eff. March 22, 2007.
MD Code, Housing & Community Development, § 16-109, MD HOUS & CMTY DEV § 16-109
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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