Md. Code, Hous. & Cmty. Dev. § 2-301

Current with changes from the 2024 Legislative Session

Section 2-301 - General consideration

On or before December 1, 2019, and each December 1 thereafter, the Department shall submit a report to the Governor and, in accordance with § 2-1257 of the State Government Article, to the General Assembly on:

(1) with respect to financial assistance provided under Title 4, Subtitle 2 of this article:

(i) the number of projects that qualified as business projects under § 4-223 of this article;

(ii) the location of each business project, including whether the business project is located:

1. in an area designated as a priority funding area under § 5-7B-02 of the State Finance and Procurement Article; or

2. only in a qualified opportunity zone designated under § 1400Z-1 of the Internal Revenue Code; and

(iii) the amount of grants or loans provided for the development of each business project;

(2) with respect to the Strategic Demolition and Smart Growth Impact Fund established under § 4-508 of this article:

(i) the number and amount of grants and loans provided to government agencies and community development organizations during the immediately preceding fiscal year; and

(ii) the location of each revitalization project for which a grant or loan was provided, including whether the revitalization project is located:

1. in an area designated as a Sustainable Community; or

2. only in a qualified opportunity zone designated under § 1400Z-1 of the Internal Revenue Code;

(3) with respect to the Community Legacy Program established under Title 6, Subtitle 2 of this article:

(i) the location of each community legacy project, including whether the community legacy project is located:

1. in a sustainable community; or

2. only in an eligible opportunity zone; and

(ii) the amount of financial assistance provided for each community legacy project; and

(4) with respect to the Business Development Program established under Title 6, Subtitle 3 of this article:

(i) the names of approved entities awarded financial assistance under that program;

(ii) the location of the approved entity's operation, including whether the approved entity's operation is located:

1. in a priority funding area; or

2. only in an eligible opportunity zone; and

(iii) the amount of each financial assistance award.

Md. Code, HU § 2-301

Added by 2019 Md. Laws, Ch. 211,Sec. 3, eff. 7/1/2019.