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§ 7-105. Assisted project

West's Annotated Code of MarylandHousing and Community Development

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division I. Housing and Community Programs [Titles 1-11] (Refs & Annos)
Title 7. Assisted Housing Preservation Act (Refs & Annos)
Subtitle 1. Definitions; General Provisions (Refs & Annos)
MD Code, Housing & Community Development, § 7-105
§ 7-105. Assisted project
A property qualifies as an assisted project if:
(1) it is a building or buildings under common ownership containing 10 or more dwelling units intended to be leased to assisted households for occupancy as their primary residences; and
(2)(i) a loan financing the property is insured or assisted under § 221(d)(3), § 202, or § 236(a) or (b) of the National Housing Act, 12 U.S.C. § 1701q, § 1715l(d)(3), or § 1715z-1, or § 515 of the Housing Act of 1949, 42 U.S.C. § 1485; or
(ii) the project, the owner of the project, or a lender to the project receives project-based § 8 rental assistance.

Credits

Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005.
MD Code, Housing & Community Development, § 7-105, MD HOUS & CMTY DEV § 7-105
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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