2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 13-1113 - Grants and loans

§13-1113.

(a) As provided in the State budget, the Authority may award:

(1) Grants and loans to local jurisdictions or other appropriate entities for planning, design, acquisition, development, preservation, restoration, interpretation, marketing, and programming of certified heritage areas; and

(2) Grants to local jurisdictions or other appropriate entities to develop management plans in recognized heritage areas.

(b) A grant to develop a management plan may not exceed 50% of the cost of the management plan.

(c) (1) Except as provided in paragraph (2) of this subsection, the Authority may make acquisition and development grants only for projects in a target investment zone within a certified heritage area for a period of up to 10 years after the day on which the Authority first approves funding for acquisition or development grants in:

(i) The target investment zone; or

(ii) That portion of the target investment zone added through a boundary amendment approved by the Authority.

(2) The Authority may make acquisition or development grants for a project in a target investment zone after the 10-year period described in paragraph (1) of this subsection, or outside a target investment zone, if the Authority determines that the project is essential for the success of the management plan for the certified heritage area.

(3) An acquisition or development grant:

(i) May not be used for any purpose other than implementation of the certified heritage area in conformity with the approved management plan; and

(ii) May not exceed 50% of the total project cost for which the grant is awarded.

(d) (1) Subject to paragraph (2) of this subsection, the Authority may make program grants to local jurisdictions and other appropriate entities:

(i) To develop and present interpretive exhibits, materials or other appropriate products to further the educational and recreational objectives of the certified heritage areas program; and

(ii) To encourage revitalization of, and reinvestment in, certified heritage area resources.

(2) A program grant made by the Authority under paragraph (1) of this subsection may not exceed 50% of the estimated project cost.

(e) Through the resources of the members of the Authority and in cooperation with other State agencies, the Authority shall provide technical assistance to management entities implementing a management plan.