§ 15-101
128 words·~1 min read·
/md/economic-development/15-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§15–101.
(a)In this title the following words have the meanings indicated.
(b)“Financial assistance” means a grant or loan from the Fund.
(c)“Fund” means the Baltimore City Community Enhancement Transit–Oriented Development Fund.
(d)“Qualified project area” means a community that is:
(1)located in Baltimore City; and
(2)directly impacted by and within 0.5 miles of the boundary of a development that has been designated as a transit–oriented development.
(e)“Qualified recipient” means an entity that is based in and serves a qualified project area and is:
(1)a nonprofit community–based organization that has experience in making physical, human capital, and economic investments to rebuild communities; or
(2)a community development corporation.
(f)“Transit–oriented development” has the meaning stated in § 7–101 of the Transportation Article.