{"data":{"id":"us-md/md.-code-housing-and-community-development-6-504","jurisdiction":"us-md","citation":"Md. Code, Housing and Community Development § 6–504","heading":"","body":"(a) A corporation, a foundation, or any other legal entity is a community development organization eligible to apply for Program funds if:\n(1) the purpose of the organization is to implement a clear revitalization strategy in a neighborhood or set of neighborhoods within Baltimore City or the inner–beltway communities of Baltimore County or Anne Arundel County; and\n(2) no part of the organization’s net earnings inures to the benefit of a private shareholder or an individual holding an interest in the entity.\n(b) The community development organization’s application must contain a neighborhood revitalization plan that includes community enhancement projects located within a sustainable community.\n(c) A community development organization may apply with another community development organization or with a community development financial institution that has the capacity and experience to assist in the financing of real estate projects within the community.\n(d) The community enhancement projects for which a community development organization applies for Program funds may be located in more than one political subdivision.","path":["Article - Housing and Community Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs\u0026section=6-504","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:07Z","sha256":"ef816cad67eceaefc4c91058ffe98264682718ef96ebaadbfd215db686e788c7","source_id":"us-md","stale":false,"prev":"us-md/md.-code-housing-and-community-development-6-503","next":"us-md/md.-code-housing-and-community-development-6-505"},"notice":"GroundRules: Original legal text. Not legal advice."}
