Md. Code, Economic Development § 15-101

This is the official text of Md. Code, Economic Development § 15-101, part of Maryland’s Code, Economic Development — governs the state's economic development programs.

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§15–101.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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