{"data":{"id":"us-md/md.-code-economic-development-5-329","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 5–329","heading":"","body":"(a) A local government may apply to the Department for a grant from the Fund to a local economic development fund.\n(b) In determining whether to approve a grant to a local economic development fund, the Department or Authority shall consider and determine:\n(1) the average rate of unemployment for the local jurisdiction in comparison to the average rate of unemployment for the State;\n(2) whether the local government currently administers a local economic development fund;\n(3) the ability of the local government to leverage private money;\n(4) the level of financial commitment provided by the local government; and\n(5) any other factors that the Department or Authority considers relevant.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=5-329","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"ba6e53f9eae4bc62336e902ad05494cd66c5a66e8aa323c643b4c09448365537","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-5-326","next":"us-md/md.-code-economic-development-5-330"},"notice":"GroundRules: Original legal text. Not legal advice."}