Md. Code Regs. 24.05.05.13

Current through Register Vol. 51, No. 24, December 2, 2024

Section 24.05.05.13 - Program Administration

A. The Authority may establish from time to time detailed Program guidelines containing underwriting standards, loan processing requirements, and other requirements or matters relating to the financial assistance or to the Program. Copies of these guidelines shall be available for examination at the Authority's office. The Authority, upon request, shall make copies available to the public.

B. An action or decision required or permitted to be taken or made by the Department pursuant to the MIDFA Act or these regulations may be taken by the Authority, the Secretary or the Secretary's designee, or, to the extent set forth in the MIDFA Act or properly delegated by the Authority or the Secretary, the Director of the Authority.

C. The Secretary or the Authority may delegate to the Director of the Authority or to any other official or employee of the Department the authority to review and execute any Program documents or loan documents.

Md. Code Regs. 24.05.05.13