Maryland 2023 Regular Session

Maryland House Bill HB150 Latest Draft

Bill / Chaptered Version Filed 04/26/2023

                             	WES MOORE, Governor 	Ch. 174 
 
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Chapter 174 
(House Bill 150) 
 
AN ACT concerning 
 
Housing and Community Development – Adaptive Reuse 
 
FOR the purpose of establishing that adaptive reuse of existing buildings to create 
affordable multifamily housing is an eligible use of certain financial assistance 
provided by the Department of Housing and Community Development; requiring the 
Department to notify applicants for certain financial assistance that adaptive reuse 
is an eligible use of funds; and generally relating to the creation and financing of 
affordable multifamily housing through the adaptive reuse of existing buildings. 
 
BY adding to 
 Article – Housing and Community Development 
Section 1–102 to be under the amended subtitle “Subtitle 1. General Provisions” 
 Annotated Code of Maryland 
 (2019 Replacement Volume and 2022 Supplement) 
 
 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 
That the Laws of Maryland read as follows: 
 
Article – Housing and Community Development 
 
Subtitle 1. [Definitions] GENERAL PROVISIONS. 
 
1–102. 
 
 (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 
INDICATED. 
 
 (2) “ADAPTIVE REUSE ” MEANS THE RETROFITTI NG AND 
REPURPOSING OF AN EX ISTING BUILDING TO D EVELOP NEW DWELLING UNITS . 
 
 (3) “AFFORDABLE MULTIFAMIL Y HOUSING” MEANS A MULTIFAMILY 
DWELLING WHERE ALL O R A PORTION OF THE D WELLING UNITS ARE RE SERVED FOR 
INDIVIDUALS WHOSE HO USEHOLD INCOME IS LE SS THAN OR EQUAL TO A CERTAIN 
LIMIT ON MAXIMUM HOU SEHOLD INCOME . 
 
 (B) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION , THIS SECTION 
APPLIES TO ANY PROGR AM OPERATED BY THE DEPARTMENT THAT AWARD S LOANS 
THAT MAY BE USED TO DEVELOP AFFORDABLE M ULTIFAMILY HOUSING . 
  Ch. 174 	2023 LAWS OF MARYLAND  
 
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 (2) IF THE LAWS OR REGULA TIONS GOVERNING A PA RTICULAR 
PROGRAM ESTABLISH MORE SPECI FIC RULES REGARDING THE USE OF LOAN 
PROCEEDS FOR ADAPTIV E REUSE, THE MORE SPECIFIC RU LES SHALL APPLY . 
 
 (C) (1) ADAPTIVE REUSE OF A P ROPERTY TO DEVELOP A FFORDABLE 
MULTIFAMILY HOUSING IS AN ELIGIBLE USE O F THE PROCEEDS OF A LOAN COVERED 
UNDER THIS SECTION . 
 
 (2) (I) THE SUBJECT TO SUBPARAGRA PH (II) OF THIS PARAGRAPH , 
THE DEPARTMENT SHALL NOTI FY APPLICANTS FOR A LOAN COVERED UNDER T HIS 
SECTION THAT ADAPTIV E REUSE OF A PROPERT Y TO DEVELOP AFFORDA BLE 
MULTIFAMILY HOUSING IS AN ELIGIBLE USE OF LOAN PROCEEDS . 
 
 (II) THE NOTICE REQUIREMEN T UNDER SUBPARAGRAPH (I) OF 
THIS PARAGRAPH DOES NOT APPLY WHEN AN IN DIVIDUAL APPLIES FOR A LOAN 
UNDER A DEPARTMENT PROGRAM TH AT DOES NOT FOCUS ON HOUSING, INCLUDING 
PROGRAMS WITHIN THE DIVISION OF NEIGHBORHOO D REVITALIZATION.  
 
 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 
October 1, 2023.  
 
Approved by the Governor, April 24, 2023.