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 18. WORKFORCE HOUSING GRANT PROGRAM |
§ 4-1804. Matching funds
Latest version.
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(a) In general. -- A qualifying local government shall provide a dollar-for-dollar match for Program funds used to develop workforce housing units under this subtitle.
(b) Considerations. -- In determining whether a local government has met the match requirement under subsection (a) of this section, the Department may consider the local government's:
(1) costs to administer a program under this subtitle; and
(2) financial commitments to other affordable or workforce housing initiatives.