(a) In this subtitle the following words have the meanings indicated. (b) "Business project" has the meaning stated in § 4-201 of this article. (c) "Credit enhancement" means a guarantee, including a guarantee of an obligation backed by a pool of mortgages, or other assurance or security device issued to: (1) improve the credit of a qualified borrowing entity; or (2) upgrade the security or rating of a financial obligation, including: (i) a mortgage backed security; (ii) a certificate of participation; and (iii) a bond or note issued to finance a development activity described in this subtitle. (d) "Energy conservation project" has the meaning stated in § 4-201 of this article. (e) "Financing" includes acquisition financing, permanent financing, short- term bridge financing, construction financing, and refinancing of a loan or project authorized under this subtitle. (f) "Fund" means the Maryland Housing Fund. (g) "Housing" includes: (1) a single dwelling unit; (2) a multiple dwelling unit; (3) an accessory unit residential facility; (4) a shared-living unit facility, accommodating at least two individuals or families, in which some or all of the living, dining, kitchen, or sanitary facilities are shared; and (5) an ancillary commercial or other facility that is related to, incidental to, and supportive of the housing. (h) "Infrastructure project" has the meaning stated in § 4-201 of this article. (i) "Mortgage" includes: (1) a deed of trust, a security agreement, and a pledge; and (2) any other security arrangement securing a loan, including a mortgage, to finance: (i) the purchase of stock or membership in a cooperative ownership housing corporation; or (ii) the construction or rehabilitation of dwelling units in a cooperative ownership housing corporation. (j) "Public purpose project" has the meaning stated in § 4-201 of this article. (k) "Solar energy project" has the meaning stated in § 4-201 of this article.
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