A new round of applications for funding through the Project Restore program will open on July 7, 2022.
Distribution of $14.5 million dedicated to revitalizing vacant retail and commercial spaces. Total funding of this economic recovery program is $25 million and two grant opportunities are available for businesses, including nonprofits, that are expanding, moving to, or opening in a property that was previously vacant for at least six months.
Over 300 businesses statewide have already taken advantage of the program.
According to Governor Larry Hogan, “Project Restore has already proven to be one of our most successful COVID-19 recovery initiatives. As we continue to award grants to businesses in every jurisdiction and work to make this program permanent, we are effectively driving more jobs and more investment to our small towns and main streets for years to come.”
Project Restore is managed by the Maryland Department of Housing and Community Development.
Visit their website for details on eligibility and deadlines.
