EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
*sb0166*
SENATE BILL 166
C9 3lr1186
CF HB 150
By: Senators Waldstreicher and Hettleman
Introduced and read first time: January 19, 2023
Assigned to: Education, Energy, and the Environment
A BILL ENTITLED
AN ACT concerning 1
Housing and Community Development – Adaptive Reuse 2
FOR the purpose of establishing that adaptive reuse of existing buildings to create 3
affordable multifamily housing is an eligible use of certain financial assistance 4
provided by the Department of Housing and Community Development; requiring the 5
Department to notify applicants for certain financial assistance that adaptive reuse 6
is an eligible use of funds; and generally relating to the creation and financing of 7
affordable multifamily housing through the adaptive reuse of existing buildings. 8
BY adding to 9
Article – Housing and Community Development 10
Section 1–102 to be under the amended subtitle “Subtitle 1. General Provisions” 11
Annotated Code of Maryland 12
(2019 Replacement Volume and 2022 Supplement) 13
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 14
That the Laws of Maryland read as follows: 15
Article – Housing and Community Development 16
Subtitle 1. [Definitions] GENERAL PROVISIONS. 17
1–102. 18
(A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 19
INDICATED. 20
(2) “ADAPTIVE REUSE ” MEANS THE RETROFITTI NG AND 21
REPURPOSING OF AN EX ISTING BUILDING TO D EVELOP NEW DWELLING UNITS. 22
2 SENATE BILL 166
(3) “AFFORDABLE MULTIFAMIL Y HOUSING” MEANS A MULTIFAMILY 1
DWELLING WHERE ALL O R A PORTION OF THE D WELLING UNITS ARE RE SERVED FOR 2
INDIVIDUALS WHOSE HO USEHOLD INCOME IS LE SS THAN OR EQUAL TO A CERTAIN 3
LIMIT ON MAXIMUM HOU SEHOLD INCOME . 4
(B) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION , THIS SECTION 5
APPLIES TO ANY PROGR AM OPERATED BY THE DEPARTMENT THAT AWARD S LOANS 6
THAT MAY BE USED TO DEVELOP AFFORDABLE M ULTIFAMILY HOUSING . 7
(2) IF THE LAWS OR REGULA TIONS GOVERNING A PA RTICULAR 8
PROGRAM ESTABLISH MO RE SPECIFIC RULES RE GARDING THE USE OF LOAN 9
PROCEEDS FOR ADAPTIV E REUSE, THE MORE SPECIFIC RU LES SHALL APPLY . 10
(C) (1) ADAPTIVE REUSE OF A P ROPERTY TO DEVELOP A FFORDABLE 11
MULTIFAMILY HOUSING IS AN ELIGIBLE USE O F THE PROCEEDS OF A LOAN COVERED 12
UNDER THIS SECTION . 13
(2) THE DEPARTMENT SHALL NOTIFY APPLICANTS FO R A LOAN 14
COVERED UNDER THIS S ECTION THAT ADAPTIVE REUSE OF A PROPERTY TO 15
DEVELOP AFFORDABLE M ULTIFAMILY HOUSING I S AN ELIGIBLE USE OF LOAN 16
PROCEEDS. 17
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 18
October 1, 2023. 19