PARRIS N. GLENDENING, Governor                             Ch. 759

GRANT PAYMENT, CREDIT, TAX CREDIT, OR OTHER ASSISTANCE INCLUDING A
LOAN, LOAN GUARANTEE OR REDUCTION IN THE PRINCIPAL OBLIGATION OF, OR
RATE OF INTEREST PAYABLE ON, A LOAN OR A PORTION OF A LOAN.

(C) (D) (1) "PROJECT" "GROWTH-RELATED PROJECT" MEANS ONLY THE
ITEMS SET FORTH BELOW:

(I)      ANY MAJOR CAPITAL PROJECT AS DEFINED IN § 2-103.1(A)(4) OF
THE TRANSPORTATION ARTICLE, EXCEPT EXISTING TRANSPORTATION FACILITIES
PROJECTS AS DEFINED IN § 4-101(1) OF THE TRANSPORTATION ARTICLE PROJECT
PLANNING AS DEFINED IN § 8-610(G) OF THE TRANSPORTATION ARTICLE OR INITIAL
PROJECT PLANNING AS DEFINED IN § 8-610(H) OF THE TRANSPORTATION ARTICLE;

(II)     FUNDING BY THE DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT FOR:

1.       CONSTRUCTION OR PURCHASE OF NEWLY CONSTRUCTED
SINGLE FAMILY HOMES OR PURCHASE OF LOANS FOR NEWLY CONSTRUCTED
SINGLE FAMILY HOMES UNDER ARTICLE 83B, §§ 2-201 THROUGH 2-208, §§ 2-601
THROUGH 2-614, OR §§ 2-1001 THROUGH 2-1007 OF THE CODE;

2.       ACQUISITION OR CONSTRUCTION OF NEWLY
CONSTRUCTED MULTIFAMILY RENTAL HOUSING UNDER ARTICLE 83B, §§ 2-201
THROUGH 2-208, §§ 2-501 THROUGH 2-510, OR §§ 2-801 THROUGH 2-810 OF THE CODE;
OR

3.       STATE-FUNDED NEIGHBORHOOD REVITALIZATION
PROJECTS UNDER ARTICLE 83B, TITLE 4 OF THE CODE;

(III)   FUNDING BY THE DEPARTMENT OF BUSINESS AND ECONOMIC
DEVELOPMENT UNDER ANY OF THE FOLLOWING:

1.       THE MARYLAND INDUSTRIAL LAND ACT, AUTHORIZED
UNDER ARTICLE 83A, TITLE 5, SUBTITLE 7 OF THE CODE;

2.       THE MARYLAND INDUSTRIAL AND COMMERCIAL
REDEVELOPMENT FUND, AUTHORIZED UNDER ARTICLE 83A, TITLE 5, SUBTITLE 8 OF
THE CODE;

3.       THE MARYLAND INDUSTRIAL DEVELOPMENT FINANCING
AUTHORITY, AUTHORIZED UNDER ARTICLE 83A, TITLE 5, SUBTITLE 9 OF THE CODE;

4.       THE MARYLAND SMALL BUSINESS DEVELOPMENT
FINANCING AUTHORITY, AUTHORIZED UNDER ARTICLE 83A, TITLE 5, SUBTITLE 10
OF THE CODE;

5.       THE MARYLAND ENERGY FINANCING ACT, AUTHORIZED
UNDER ARTICLE 83A, TITLE 6, SUBTITLE 4 OF THE CODE; AND

6.       THE ECONOMIC DEVELOPMENT OPPORTUNITIES
PROGRAM FUND, AUTHORIZED UNDER § 7-314 OF THE STATE FINANCE AND

PROCUREMENT ARTICLE; AND

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