Unannotated Code of Maryland (Last Updated: May 16, 2014) |
HOUSING AND COMMUNITY DEVELOPMENT |
DIVISION I. HOUSING AND COMMUNITY PROGRAMS. |
TITLE 4. DIVISION OF DEVELOPMENT FINANCE |
SUBTITLE 17. SELF-HELP HOMEOWNERSHIP TECHNICAL ASSISTANCE PROGRAM |
§ 4-1706. Family eligibility
Latest version.
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(a) Qualification. -- A family or individual qualifies as a family of limited income if the income of the family or individual does not exceed the upper income limit that the Secretary establishes.
(b) Factors for setting income limits. -- Factors that the Secretary shall consider in setting the upper income limit under subsection (a) of this section include:
(1) the total amount of family or individual income deemed available for housing;
(2) the size of the family;
(3) the ability of the family or individual to compete successfully in the private housing market;
(4) the cost and condition of available housing; and
(5) standards and definitions under related federal and State housing programs.