Code of Maryland Regulations
Title 05 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Subtitle 13 - NEIGHBORHOOD BUSINESS DEVELOPMENT
Chapter 05.13.06 - Food Desert Designation and Financing
Section 05.13.06.07 - Eligible Projects
Current through Register Vol. 51, No. 6, March 22, 2024
In order to be eligible for financial assistance, a project shall satisfy the following requirements:
A. The project is in a food desert;
B. The project will provide fresh fruits, vegetables, and other healthy foods to residents in food deserts;
C. The project has a commitment of monies from private, local, or federal funds so that upon receipt of financial assistance under the Program there will be adequate funding to assure completion of the project;
D. As determined by the Department, the project is not feasible but for the financial assistance from the Program and the financial assistance requested is the least amount of money necessary to complete the project;
E. The financial assistance from all State government sources, including but not limited to the Program, may not exceed 50 percent of total project costs;
F. The project is ready to proceed upon receipt of financial assistance under the Program;
G. Each local jurisdiction in which the project is located has adopted a local resolution, or its authorized designee has delivered a letter to the Program, expressing support for the project;
H. The operating income and expenses projected for the project show income sufficient, in the sole discretion of the Department, to repay on schedule any loans authorized or guaranteed by the Program; and
I. Upon completion, the project will be in compliance with all applicable zoning requirements and standards as well as the applicable building code of the local jurisdiction in which the project is located.
