1811 - Application of subtitle.

§ 1811. Application of subtitle. Subject to the provisions of sections  eighteen  hundred  twenty-two  and eighteen hundred twenty-three of this  title, the authority shall have the power and is  hereby  authorized  to  make   mortgage   loans  to  local  development  corporations  and  loan  guarantees to banking organizations with special purpose funds  pursuant  to  this  subtitle  for  costs  of  projects  and to make loans and loan  guarantees as provided in section eighteen hundred fourteen  to  improve  employment opportunities in any area of the state.