Eligible Projects.

A. To qualify as an eligible project for capital assistance, the project shall meet the following requirements: (1) Be located within the State; (2) When the project is complete: (a) Be in compliance with zoning requirements and applicable codes and standards; and (b) Be in compliance with the Minimum Livability Code required in COMAR 05.02.03 ; (3) Be owned by a nonprofit sponsor or local government; and (4) When complete, provide a shelter, transitional, or other housing facility for homeless households. B. If a project includes uses other than shelter, transitional, or other housing for homeless households, such as traditional rental housing or nonresidential uses, the number of transitional housing units may not be less than the amount of capital assistance provided to the project divided by the total development costs of the project multiplied by the total number of units in the project.