Section 9-307 - Powers of Department of Housing and Community Development and Department of Business and Economic Development.
§ 9-307. Powers of Department of Housing and Community Development and Department of Business and Economic Development.
(a) Paying expenses of organizing Fund.- The Department may provide money for administrative, legal, and other organizational expenses of the Fund.
(b) Providing and charging for technical assistance.- The Department of Housing and Community Development and the Department of Business and Economic Development may:
(1) provide technical assistance for:
(i) operating and administering the Fund; and
(ii) underwriting proposed community reinvestment projects; and
(2) charge reasonable and customary fees for the technical assistance.
[An. Code 1957, art. 83B, § 10-103(a)(3), (b); 2005, ch. 26, § 2.]