Section 4-1102 - Grants for limited income housing.
§ 4-1102. Grants for limited income housing.
(a) In general.- The Department shall award operating assistance grants to nonprofit organizations to further the production or rehabilitation of limited income housing by those organizations or by individuals they help.
(b) Eligibility.- A nonprofit organization is eligible for a grant if it meets the performance and other standards that the Department sets and:
(1) makes an application that:
(i) describes the housing project;
(ii) includes evidence of acceptable performance in the prior year, if the nonprofit organization received a grant in the prior year; and
(iii) is acceptable to the Department;
(2) has helped individuals to apply for loans from the Department; or
(3) was responsible for originating applications, as certified by a political subdivision approved by the Department.
[An. Code 1957, art. 83B, § 2-1203; 2005, ch. 26, § 2.]