§ 6-707. Program agreement
West's Annotated Code of MarylandHousing and Community DevelopmentEffective: October 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 6. Division of Neighborhood Revitalization (Refs & Annos)
Subtitle 7. National Capital Strategic Economic Development Program (Refs & Annos)
Effective: October 1, 2019
MD Code, Housing & Community Development, § 6-707
§ 6-707. Program agreement
(a) The Department and a recipient of financial assistance from the Program shall execute a Program agreement.
(b) The recipient of financial assistance from the Program shall comply with the terms of the Program agreement.
(c) The Program agreement may not allow for more than 40% of the total financial assistance that the Program provides to be used for operating expenditures.
(d) The Department may exercise any remedy provided under the Program agreement or by law if the recipient of financial assistance from the Program:
Credits
Added by Acts 2019, c. 732, § 2, eff. Oct. 1, 2019.
MD Code, Housing & Community Development, § 6-707, MD HOUS & CMTY DEV § 6-707
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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