1. A. It is the intent of the Department that Program funds be made available Statewide.
2. B. Funds generally shall be available on a first-come, first-served basis and be based upon the readiness of projects to initiate construction or rehabilitation. If a project application is submitted, but funding is not then available under the Program, the Program, in its discretion, may continue to process the application until funding is available, and then may authorize the capital assistance without the necessity of a new application.

3. C. If applications for capital assistance exceed available financing, the Department, in approving projects for funding, may give priority to projects that provide:

   1. (1) A greater percentage of housing for families with children; or
   2. (2) An equitable distribution of funds Statewide.

4. D. Funding Availability.

   1. (1) The Department shall publicize the Program on the Department's website or by such other means as the Department determines to be appropriate. Any publications shall provide general information about the availability of funding.
   2. (2) The Department may at any time consider applications for a loan or loans or may establish beginning and ending dates for the receipt of applications.
   3. (3) The Department shall provide notice on the Department's website, or by such other means as the Department determines to be appropriate, of the lack of funding availability that would result in closing of the Program or restrictions on the acceptance of applications.

5. E. Limitations.

   1. (1) The Department may specify the type of applications it will consider, and may limit during any period the type of applications that it will receive on the basis of:

      1. (a) The type of entity providing primary financing of the undertaking;
      2. (b) The amount of local government contributions;
      3. (c) The number or proportion of eligible residents who will reside in the undertaking;
      4. (d) The areas of the State in which the undertaking is located; or
      5. (e) Other factors the Department considers relevant.
   2. (2) The Department may also establish priorities among applications.

Authority: Housing and Community Development Article, Title 4, Subtitle 12;
State Finance and Procurement Article, §§5-7B-01—5-7B-10; Annotated Code of Maryland;
Executive Orders 01.01.1992.27C and 01.01.1998.04

Effective date:

Regulations .01—.16 adopted as an emergency provision effective December 13, 1988 (15:27 Md. R. 3116); emergency status extended at 16:10 Md. R. 1101; emergency status expired July 24, 1989; adopted permanently effective August 7, 1989 (16:15 Md. R. 1650)

Regulations .01—.16 repealed and new Regulations .01—.27 adopted effective November 11, 1991 (18:22 Md. R. 2393)

Regulation .03B amended effective January 2, 1994 (20:25 Md. R. 1943); November 20, 1995 (22:23 Md. R. 1800)

Regulation .04E amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .07 amended effective January 2, 1994 (20:25 Md. R. 1943)

Regulation .07A amended effective January 21, 2002 (29:1 Md. R. 21)

Regulation .07G amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .07H amended effective May 20, 1996 (23:10 Md. R. 730)

Regulation .08A amended effective May 31, 1999 (26:11 Md. R. 853)

Regulation .10B amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .11A—C amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .11D amended effective February 1, 1993 (20:2 Md. R. 111)

Regulation .12F amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .13A amended effective November 20, 1995 (22:23 Md. R. 1800)

Regulation .18B amended effective January 2, 1994 (20:25 Md. R. 1943)

Regulation .19 amended effective January 2, 1994 (20:25 Md. R. 1943)

Regulations .01—.27 repealed and new Regulations .01—.29 adopted effective December 15, 2008 (35:25 Md. R. 2150)

Regulation .02A, B amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .03B amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .04E amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .05A amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .06B amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .07A amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .07D adopted effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .08D amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .12 amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .13E amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .14 amended effective April 19, 2010 (37:8 Md. R. 614); December 22, 2014 (41:25 Md. R. 1476)

Regulation .16 amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .18C amended effective December 22, 2014 (41:25 Md. R. 1476)

Regulation .24 amended effective December 22, 2014 (41:25 Md. R. 1476)