- A. In this chapter, the following terms have the meanings indicated.
B. Terms Defined.
- (1) “Act” means Housing and Community Development Article, §4-508, Annotated Code of Maryland.
- (2) “Application” means an application to the Department as described in Regulation .04 of this chapter.
- (3) “Community development organization (CDO)” means a nonprofit organization that operates for the purpose of improving the physical, economic, or social environment of its geographic areas of operation.
- (4) “Department” means the Department of Housing and Community Development, a principal department of the State.
- (5) “Financial assistance” means a grant or a loan.
- (6) “Fund” means the Strategic Demolition and Smart Growth Impact Fund established under Housing and Community Development Article, §4-508, Annotated Code of Maryland.
- (7) “Nonprofit organization” means a corporation, foundation, or other legal entity that specifies in its charter or bylaws that no part of the net earnings may inure to the benefit of a private shareholder or individual holding any interest in the entity.
- (8) “Program” means the Strategic Demolition and Smart Growth Impact Program.
- (9) “Project” means a neighborhood revitalization project consisting of predevelopment activities, including demolition, land assembly, architecture and engineering studies, and site development in a sustainable community.
- (10) “Secretary” means the Secretary of Housing and Community Development.
- (11) “Sustainable community” means the area that has been designated a sustainable community in accordance with Housing and Community Development Article, §6-202, Annotated Code of Maryland.
Authority: Housing and Community Development Article, §§2-111(a) and 4-508, Annotated Code of Maryland
Effective date: August 14, 2017 (44:16 Md. R. 808)