§ 4-1102. Grants for limited income housing  


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  •    (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.


HISTORY: An. Code 1957, art. 83B, § 2-1203; 2005, ch. 26, § 2.