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§ 15-101. Definitions

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2017

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 15. Baltimore City Community Enhancement Transit-Oriented Development Fund (Refs & Annos)
Effective: October 1, 2017
MD Code, Economic Development, § 15-101
§ 15-101. Definitions
Currentness
In general
(a) In this title the following words have the meanings indicated.
Financial assistance
(b) “Financial assistance” means a grant or loan from the Fund.
Fund
(c) “Fund” means the Baltimore City Community Enhancement Transit-Oriented Development Fund.
Qualified project area
(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.
Qualified recipient
(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.
Transit-oriented development
(f) “Transit-oriented development” has the meaning stated in § 7-101 of the Transportation Article.

Credits

Added by Acts 2012, c. 654, § 1, eff. Oct. 1, 2012. Amended by Acts 2017, c. 631, § 1, eff. Oct. 1, 2017.
MD Code, Economic Development, § 15-101, MD ECON DEV § 15-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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