Project Restore To Begin Accepting Applications In September, Governor Hogan Says

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ANNAPOLIS, Md. (WJZ) — Governor Larry Hogan announced that Project Restore volition statesman accepting applications successful September.

The $25 cardinal economical betterment inaugural volition enactment tiny businesses portion revitalizing vacant retail and commercialized spaces.

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“The full ngo of our authorities authorities continues to beryllium keeping Maryland unfastened for business, and with this transformative Project Restore inaugural we are jumpstarting the adjacent signifier of our economical betterment from COVID-19,” said Governor Hogan. “As we statesman accepting applications, I promote section businesses and developers to use for these fiscal incentives and beryllium portion of our efforts to revitalize Main Streets and communities crossed our state.”

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Project Restore volition supply caller oregon businesses looking to grow with rental grants and income taxation alleviation rebates to assistance with startup and operating costs during their archetypal year.

To qualify, eligible applicants indispensable statesman caller oregon expanded operations successful abstraction that has not been generating income taxation receipts for astatine slightest the past six months. Additionally, each applicants indispensable perpetrate to occupying the abstraction for a minimum of 12 months pursuing receipt of the grant.

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For much accusation and exertion details, visit dhcd.maryland.gov/ProjectRestore.

CBS Baltimore Staff

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