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Sunday, May 10, 2026

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MD · SB938In committee

Community Development - Affordable Multifamily Rental Housing Stabilization Program - Establishment

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Plain-English Summary

Establishing the Affordable Multifamily Rental Housing Stabilization Program in the Department of Housing and Community Development to provide funds for emergency or urgent capital repair needs for certain multifamily housing; and authorizing the Governor to include an appropriation of $5,000,000 in the annual budget bill in fiscal years 2028 through 2031.

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