146/Maryland Manual
ties); the Southern Region (Anne Arundel, Cal-
vert, Charles, Prince George's, and St. Mary's
counties); the Western Region (Allegany, Freder-
ick, Garrett, Montgomery, and Washington coun-
ties); and the Baltimore City Region. Initially, the
Governor, the President of the Senate, and the
Speaker of the House of Delegates each made five
appointments to the Board, one from each region.
The President of the Senate designated the chair-
person of this temporary board, and the chair-
person called the first annual meeting. At this
meeting held on February 16, 1961, and at each
annual meeting thereafter, members of the Corpo-
ration from at least three of the five economic re-
gions elect two directors from each region, for
one-year terms. These directors must be U.S. citi-
zens and residents of the economic region from
which they are appointed or must maintain a reg-
ular place of business there. The stockholders of
the Corporation elect the remaining five directors,
who must be U.S. citizens and residents of the
State, for one-year terms. The Board elects its
own chairperson. The Corporation may borrow
or lend money and buy, hold, or sell real or per-
sonal property, including industrial plants and
other business establishments.
The Corporation has established Loan Com-
mittees of five members for each economic region.
After a loan application has been received by the
Chief Executive Officer of the Corporation, the
loans are then discussed with the Regional Loan
Committees who review the applications and join
with the Chief Executive Officer in making rec-
ommendations to the Board of Directors or Exec-
utive Committee. Final decision lies with either of
these bodies (Code 1957, Art. 23, secs. 412-429).
DIVISION OF LOCAL AND REGIONAL
DEVELOPMENT
John B. Moore, Jr., Director
Jack L. Carr, Historical-Cultural Liaison Officer
Marion J. McCoy, Executive Director, Maryland
Industrial and Commercial Redevelopment
Fund
2525 Riva Road
Annapolis 21401 Telephone: 269-2150
The Division of Local and Regional Develop-
ment was established in July 1976 to provide
more effective management and coordination of
the Department's assistance to local governments
and regional organizations in their efforts to de-
velop and implement economic development,
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housing, and historical-cultural programs. In co-
operation with local officials, the Division also
provides training and management systems assis-
tance aimed at strengthening the management ca-
pacity of local units of government.
In providing assistance, the Division places pri-
mary emphasis on those local or regional pro-
grams for which the Department can deliver
specific resources and/or programs for which the
Department is capable of obtaining or coordinat-
ing use of related State and federal resources.
The Division helps local and regional officials
identify development problems or issues, assess
alternative courses of action, design specific ac-
tion programs, and obtain Department, other
state, and federal resources useful in implement-
ing development programs.
As a clearinghouse for Departmental services to
sub-State units of government, the Division coor-
dinates State and local involvement with a number
of federal programs related to economic develop-
ment, housing, and historical-cultural matters.
The Division's Office of Regional Programs ad-
ministers Maryland's Appalachian Regional
Commission (ARC) development program and
grant process to ensure full use of available ARC
resources designed to stimulate economic and
community development projects and activities in
Western Maryland.
To facilitate liaison with the three western
counties of the State, the Division maintains the
Department's Western Maryland Regional Devel-
opment Office in Hagerstown.
The Division undertakes responsibilities for the
Department as the designated State agency for
coordination of Economic Development Adminis-
tration (EDA) programs in Maryland through as-
sistance aimed at implementation of an Economic
Development Planning Program. It coordinates
the submission of development projects for
funding by EDA.
The Division also carries out responsibilities for
the Department as the Governor's designated
State liaison agency with the U. S. Department of
Housing and Urban Development for implemen-
tation of the Federal Community Development
Block Grant Program and the Urban Develop-
ment Action Grant program in Maryland. Direct
technical assistance is provided to local govern-
ments and regional organizations to help them
develop plans and applications for these pro-
grams. In addition, the Division assists local
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