Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 05. Department of Housing & Community Development |
Subtitle 13. NEIGHBORHOOD BUSINESS DEVELOPMENT |
Chapter 05.13.01. Business Development Program |
Sec. 05.13.01.02. Objectives
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The purposes of the Program as set forth in the Act are:
A. In priority funding areas or eligible opportunity zones, to:
(1) Help develop, redevelop, or expand small businesses and microenterprises;
(2) Stimulate investment by the private sector;
(3) Invest in revitalization projects for small businesses and microenterprises; and
(4) Stimulate political subdivisions to participate in developing and expanding small businesses and microenterprises; and
B. In food deserts or parts of priority funding areas or eligible opportunity zones that serve food deserts, to help create small businesses and other foodrelated enterprises that provide fresh fruits, vegetables, and other healthy foods to residents in the food desert.