Md. Code Regs. 24.05.23.03

Current through Register Vol. 51, No. 24, December 2, 2024

Section 24.05.23.03 - Strategic Plan

A. To qualify for financial assistance, a county must, in consultation with the municipal corporations located within the county, develop, submit to the Secretary, and obtain from the Secretary approval for a local strategic plan for economic development.

B. The Department may develop a local strategic plan for economic development in a qualified distressed county in consultation with a municipal corporation in that county if the qualified distressed county has:

(1) Not developed a local strategic plan for economic development; or

(2) Developed a local strategic plan for economic development but is not actively pursuing financial assistance from the Fund.

Md. Code Regs. 24.05.23.03