City of College Park, MD
Prince George's County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Mayor and Council of the City of College Park 7-20-1976 by Ord. No. 76-O-7. Amendments noted where applicable.]
This chapter shall be known as the "City of College Park Federal Community Development block Grant (CDBG) Program."
Every unpaid loan or grant under the CDBG program subsidized, in whole or in part, by the City or guaranteed to the lender by the City shall constitute a lien on any real property of the borrower in the city. Any default on a loan repayment for which the City becomes liable as a guarantor shall be collected in the same manner as City taxes or by suit at law.
[Added 2-14-1984 by Ord. No. 84-O-1]
The City is authorized to establish a program for low-interest loans for the rehabilitation and/or renovation of business facades.