{"data":{"id":"us-md/md.-code-housing-and-community-development-6-308.3","jurisdiction":"us-md","citation":"Md. Code, Housing and Community Development § 6–308.3","heading":"","body":"(a) If the Department determines that an entity is capable of administering a food desert project, the entity may originate and administer financial assistance to a food desert project in accordance with standards the Department adopts by regulation.\n(b) The Department may:\n(1) pay an approved entity a reasonable origination, application, and processing fee for each food desert project that is originated by the approved entity;\n(2) directly fund the financial assistance for a food desert project that is originated by an approved entity;\n(3) provide financial assistance to an approved entity for the purpose of the approved entity providing financial assistance for a food desert project in accordance with this subtitle; and\n(4) (i) provide small loans in amounts that are not more than $100,000 per loan to an approved entity for assistance in providing or maintaining access to healthy food in urban or rural food deserts, including by providing loans for:\n1. refrigerators, freezers, and other equipment; and\n2. subject to subsection (c) of this section, operating costs incurred in providing access to healthy food in urban or rural food deserts; and\n(ii) work with intermediaries to administer the small loans authorized under item (i) of this paragraph.\n(c) The Department shall forgive a loan for operating costs made under subsection (b)(4)(i)2 of this section after 5 years, if the loan recipient maintains continuous operations at the same location during that time.","path":["Article - Housing and Community Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs\u0026section=6-308.3","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:07Z","sha256":"86e88f590429beb8f97cecb2bba0b562b01c4996c39bdc7e76cd8ba17e3abcad","source_id":"us-md","stale":false,"prev":"us-md/md.-code-housing-and-community-development-6-308.2","next":"us-md/md.-code-housing-and-community-development-6-308.4"},"notice":"GroundRules: Original legal text. Not legal advice."}