§ 16-109. Substantial part of housing for persons of eligible income

MD House & Comm Dev Code § 16-109 (2019) (N/A)
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A substantial part of the housing in a housing project is deemed to be for persons of eligible income if:

(1)    after financing is provided by the Montgomery Commission, 50% or more of the housing units are occupied first by persons of eligible income;

(2)    20% or more of the housing units are for low-income persons who are assisted or who are eligible to be assisted with federal subsidies; or

(3)    the owners of the housing certify to the Montgomery Commission that they will make their best efforts to meet the standard under item (1) or (2) of this section.