Maryland § 15-105
Full text of Maryland Maryland Code § 15-105, with citation guidance and answers to common questions.
§ 15-105.
(a) In addition to the powers listed elsewhere in this Division II and any powers given by local law, the Baltimore Authority within its area of operation may:
(1) make mortgage loans;
(2) make rent subsidy payments to or for persons of eligible income;
(3) make construction loans and long-term mortgage loans to any person to produce housing for persons of eligible income; and
(4) purchase and insure mortgages secured by housing for persons of eligible income.
(b) Not more than 80% of the residents of a housing project may have incomes above the levels for persons of eligible income.
(c) The listing of powers in this section does not imply that the exercise of those powers by the Baltimore Authority before July 1, 1990, was unauthorized.
(d) The power of the Baltimore Authority to rent housing to persons of eligible income is not limited by § 12-402 of this article.
Frequently Asked Questions About Maryland § 15-105
What does Maryland Code § 15-105 cover?
Section 15-105 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 15-105?
A common citation format is "Maryland Code § 15-105" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 15-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.