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Md. Code Ann., Hous. & Cmty. Dev. § 4-2804

Redline — January 1, 2022 → current.View current text →
Current — January 1, 2025
As of January 1, 2022
(a) Subject to § 4–2805 of this subtitle, on application by an individual or business entity that pays or incurs eligible construction expenses, the Department shall provide financial assistance to the individual or business entity in the amount determined under § 4–2803 of this subtitle.
(a) Subject to § 4–2805 of this subtitle and the regulations of the Department, the Department shall accept an application for financial assistance from: (1) an individual or business entity that proposes to develop a qualified project; and (2) an individual that proposes to purchase a qualified property.
(b) The application shall be in the form and shall contain any information that the Department requires by regulation.
(b) The application shall be in the form and shall contain any information that the Department requires by regulation.
(c) The Department shall approve all applications that qualify for financial assistance under this subtitle in a timely manner.
(c) The Department shall approve all applications that qualify for financial assistance under this subtitle in a timely manner.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.