§ 4-1903
109 words·~1 min read·
/md/housing-and-community-development/4-1903A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–1903.
(a)The Department may provide financial assistance under the Program utilizing funds from:
(1)any fund or program under Division I of this article; or
(2)any other source of funds available to the Department.
(b)The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.
(c)In addition to the type of financial assistance allowed under subsection
(b)of this section, the Department may provide financial assistance under a buy–down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.