§ 4-1903

Md. Code, Housing and Community Development § 4-1903, under Article — Housing and Community Development.

Md. Code, Housing and Community Development § 4-1903

(a) The Department may provide financial assistance under the Program utilizing funds from:

(1) any fund or program under Division I of this article; or

(2) any other source of funds available to the Department.

(b) The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program.

(c) In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy- down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time.