Md. Code Ann., Hous. & Cmty. Dev. § 6-303
Redline — January 1, 2020 → current.View current text →
Current — January 1, 2022
As of January 1, 2020
(a) There is a Neighborhood Business Development Program.
(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 small businesses and other food–related enterprises that provide fresh fruits, vegetables, and other healthy foods to residents in the food desert.
(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.
(c) The Program includes:
(1) the Business Development Program; and
(2) the Capital Access Program.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.