Current with changes from the 2024 Legislative Session
Section 6-207 - Community legacy agreement(a) The Department and the sponsor shall execute a community legacy agreement.(b) The sponsor shall comply with the terms of the community legacy agreement and any regulations the Department adopts to carry out this subtitle.(c) Not more than 15% of the total financial assistance that the Program provides may be used for noncapital expenditures.(d) The Department may exercise any remedy provided under the community legacy agreement or by law if a sponsor: (1) violates any provision of the community legacy agreement; or(2) ceases to meet the requirements of this subtitle.