Gov. Larry Hogan announced $63 million in awards for Maryland revitalization programs on Friday, according to a news release from the state government.
The funds will be distributed across 214 projects and activities that focus on community and economic development, including development efforts in Lexington Market, the Cambridge Waterfront and affordable housing in downtown Frederick.
“These projects and initiatives support responsible redevelopment that is driven by local partnerships,” Hogan said in a news release. “Our state revitalization programs spur economic growth in Maryland’s diverse and vibrant communities, attracting additional public, private, and nonprofit investment while improving quality of life for residents.”
The revitalization programs receiving funding develop the community through a number of ways, such as expanding and retaining businesses, improving streets and creating home rehabilitation incentives.
Click here to read the rest of the article written by Jessica Kronzer over at WTOP
