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§ 21-106. Powers of Washington Authority

West's Annotated Code of MarylandHousing and Community Development

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division II. Housing Authorities [Titles 12-End] (Refs & Annos)
Title 21. Washington County (Refs & Annos)
MD Code, Housing & Community Development, § 21-106
§ 21-106. Powers of Washington Authority
Currentness
In general
(a) Subject to the power of the Board of County Commissioners under § 21-105 of this title, the Washington Authority, in addition to the powers listed in this Division II and provided by local law, may:
(1) make mortgage loans;
(2) make rent subsidy payments to or for persons of eligible income;
(3) make construction loans and long-term mortgage loans to a person to produce housing for persons of eligible income; or
(4) waive maximum income limits for persons 65 years of age or older.
Sale of bonds
(b) The Washington Authority may sell its bonds at public or private sale in the manner and on the terms that it authorizes by resolution.

Credits

Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.
MD Code, Housing & Community Development, § 21-106, MD HOUS & CMTY DEV § 21-106
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.
End of Document