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§ 6-303. Neighborhood Business Development Program

West's Annotated Code of MarylandHousing and Community DevelopmentEffective: July 1, 2021

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division I. Housing and Community Programs [Titles 1-11] (Refs & Annos)
Title 6. Division of Neighborhood Revitalization (Refs & Annos)
Subtitle 3. Neighborhood Business Development Program (Refs & Annos)
Effective: July 1, 2021
MD Code, Housing & Community Development, § 6-303
§ 6-303. Neighborhood Business Development Program
Currentness
Established
(a) There is a Neighborhood Business Development Program.
Purposes of 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.
Components
(c) The Program includes:
(1) the Business Development Program; and
(2) the Capital Access Program.

Credits

Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005. Amended by Acts 2007, c. 5, § 1, eff. March 22, 2007; Acts 2010, c. 487, § 1, eff. June 1, 2010; Acts 2014, c. 228, § 1, eff. Oct. 1, 2014; Acts 2016, c. 482, § 2, eff. July 1, 2016; Acts 2019, c. 211, § 3, eff. July 1, 2019; Acts 2021, c. 91, § 1, eff. July 1, 2021.
MD Code, Housing & Community Development, § 6-303, MD HOUS & CMTY DEV § 6-303
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document