Section 4-1104 - Amount and source of grants.
§ 4-1104. Amount and source of grants.
(a) Amount.- Operating assistance grants under this subtitle may not exceed the amounts that the Department sets.
(b) Source.- During a fiscal year, all operating assistance grants under this subtitle shall be made from:
(1) up to 1% of the total amount of budgeted money in the Homeownership Programs Fund under § 4-502 of this title, the Rental Housing Programs Fund under § 4-504 of this title, and the Special Loan Programs Fund under § 4-505 of this title; and
(2) money appropriated from any other source.
[An. Code 1957, art. 83B, §§ 2-1201(b), (e), (f), 2-1204(a), (d); 2005, ch. 26, § 2.]