Maryland § 4-919
Full text of Maryland Maryland Code § 4-919, with citation guidance and answers to common questions.
§ 4-919.
(a) The Secretary shall establish standards to promote the maximum use of private financing.
(b) If a portion of a rehabilitation project is to be financed by a private lending institution, the Department shall require that the sponsor use all the private financing that the rehabilitation project can support without impairing:
(1) the rehabilitation project; or
(2) affordable housing for families of limited income, if the rehabilitation project is residential.
(c) As long as the State complies with all applicable federal treasury regulations governing borrowing money by the State, a Program loan shall be at an interest rate that at least covers:
(1) the administrative and other expenses of the Program; and
(2) reasonably expected losses from defaults on Program loans.
Frequently Asked Questions About Maryland § 4-919
What does Maryland Code § 4-919 cover?
Section 4-919 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 § 4-919?
A common citation format is "Maryland Code § 4-919" (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 § 4-919 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.