Md. Code Ann., Hous. & Cmty. Dev. § 4-907
Money for operations; reallocations
Effective Jul 1, 2014Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005. Amended by Acts 2014, c. 229, § 2, eff. July 1, 2014.State of Maryland
- (a) The Regular Rehabilitation Program and the Special Rehabilitation Program shall operate with money in the Special Loan Programs Fund and other money available to the Department for these programs.
- (b) If the applications that qualify for a Program loan under the Regular Rehabilitation Program or a special loan program do not commit all money appropriated to that loan program within 6 months after the appropriation, the Department may reallocate the remaining appropriated money to any other program financed by the Special Loan Programs Fund.
Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005. Amended by Acts 2014, c. 229, § 2, eff. July 1, 2014.