(1) review each application and may request more information from the sponsor;
(2) accept public input on each application;
(3) submit each application to appropriate State units and appropriate members of the Smart Growth Subcabinet;
(4) consider any recommendation a State unit or member of the Smart Growth Subcabinet makes;
(5) consider geographic balance when reviewing applications; and
(6) give priority in awarding financial assistance to applicants that are likely to repay the financial assistance to a community development financial institution or to the Community Legacy Financial Assistance Fund.
Approval of political subdivision
(b)(1) The Department shall provide written notice to the political subdivision in which the proposed project is located.
(2) Except as provided in paragraph (5) of this subsection, the Department may not approve an application unless the political subdivision in which the proposed project is located approves the application by:
(i) resolution; or
(ii) letter, delivered to the Department by the political subdivision's authorized designee, expressing support for the plan or project.
(3) If an application affects a sustainable community or an eligible opportunity zone entirely within a municipal corporation, the approval must come from the municipal corporation rather than the surrounding county.
(4) If an application affects a sustainable community or an eligible opportunity zone within more than one political subdivision, each political subdivision must approve it by:
(i) resolution; or
(ii) letter, delivered to the Department by the political subdivision's authorized designee, expressing support for the plan or project.
(5) If the Department does not receive notice of approval or denial of an application from the affected jurisdictions within 45 days after notice of the proposed project is given in accordance with paragraph (1) of this subsection, the Department may approve the application.
Duty of Secretary
(c) The Secretary shall award financial assistance to a sponsor or a sponsor's designee:
(1) in the amount and of the type that the Secretary determines; and
(2) under the terms of a community legacy agreement.
Credits
Added as Housing and Community Development § 6-207 by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005. Renumbered as Housing and Community Development § 6-206 and amended by Acts 2010, c. 487, § 1, eff. June 1, 2010. Amended by Acts 2012, c. 719, § 1, eff. June 1, 2012; Acts 2013, c. 13, § 1, eff. Oct. 1, 2013; Acts 2016, c. 482, § 2, eff. July 1, 2016; Acts 2019, c. 211, § 3, eff. July 1, 2019.
MD Code, Housing & Community Development, § 6-206, MD HOUS & CMTY DEV § 6-206
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.
