(a) In this title the following words have the meanings indicated.
(b) “Financial assistance” means a grant or loan from the Fund.
(c) “Fund” means the Baltimore City Community Enhancement Transit–Oriented Development Fund.
(d) “Qualified project area” means a community that is:
(1) located in Baltimore City; and
(2) directly impacted by and within 0.5 miles of the boundary of a development that has been designated as a transit–oriented development.
(e) “Qualified recipient” means an entity that is based in and serves a qualified project area and is:
(1) a nonprofit community–based organization that has experience in making physical, human capital, and economic investments to rebuild communities; or
(2) a community development corporation.
(f) “Transit–oriented development” has the meaning stated in § 7–101 of the Transportation Article.