Code of Maryland Regulations
Title 05 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Subtitle 04 - SPECIAL LOAN PROGRAMS
Chapter 05.04.10 - Home and Energy Loan Program
Section 05.04.10.05 - Eligible Properties
Current through Register Vol. 50, No. 25, December 15, 2023
A. All properties for which a borrower receives a loan under the program shall meet the following requirements:
B. Condominiums and cooperatives may be eligible if the requirements of §A of this regulation are met.
C. Improvements to a multifamily property, except an owner-occupied multifamily property of two to four units, may not be financed by a loan unless the improvements to the property comply with the notice, public hearing, and public approval requirements of §103 of the Code.
D. Improvements to multifamily properties may not be financed by loans unless the:
Regulations .05 adopted
as an emergency provision effective June 1, 1983 (10:12 Md. R. 1065); emergency
status extended at 10:25 Md. R. 2262
Regulations .05 adopted
effective December 5, 1983 (10:24 Md. R. 2184)
Regulation .05A
amended effective January 2, 1994 (20:25 Md. R. 1942); April 5, 1999 (26:7 Md.
R. 537)