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Maryland Code, Housing and Community Development § 6-303

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) There is a Neighborhood Business Development Program.

(b) The purposes of the Program are:

(1) in priority funding areas or eligible opportunity zones, to:

(i) help develop, redevelop, or expand small businesses and microenterprises;

(ii) stimulate investment by the private sector;

(iii) invest in revitalization projects for small businesses and microenterprises; and

(iv) stimulate political subdivisions to participate in developing and expanding small businesses and microenterprises; and

(2) in food deserts or parts of priority funding areas or eligible opportunity zones that serve food deserts, to help create and retain small businesses and other food-related enterprises that provide fresh fruits, vegetables, and other healthy foods to residents in the food desert.

(c) The Program includes:

(1) the Business Development Program; and

(2) the Capital Access Program.

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Cite this article: FindLaw.com - Maryland Code, Housing and Community Development § 6-303 - last updated January 01, 2025 | https://codes.findlaw.com/md/housing-and-community-development/md-code-hous-and-cmty-dev-sect-6-303/

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