Md. Code, Hous. & Cmty. Dev. § 6-303

Current with changes from the 2024 Legislative Session
Section 6-303 - Neighborhood Business Development Program
(a) There is a Neighborhood Business Development 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.
(c) The Program includes:
(1) the Business Development Program; and
(2) the Capital Access Program.

Md. Code, HU § 6-303

Amended by 2021 Md. Laws, Ch. 91,Sec. 1, eff. 7/1/2021.
Amended by 2019 Md. Laws, Ch. 211,Sec. 3, eff. 7/1/2019.
Amended by 2016 Md. Laws, Ch. 482,Sec. 2, eff. 7/1/2016.
Amended by 2014 Md. Laws, Ch. 228,Sec. 1, eff. 10/1/2014.