![[photo, Department of Housing & Community Development, 7800 Harkins Road, Lanham, Maryland]](/msa/mdmanual/17dhcd/images/1198-1-08476b.jpg)
Staff: Haley Lemieux
c/o Division of Policy, Strategy, & Research
Department of Housing & Community Development
7800 Harkins Road, Lanham, MD 20706
(301) 429-7643
e-mail: haley.lemieux@maryland.gov
web: https://dhcd.maryland.gov/Communities/Pages/MCIC.aspx
Department of Housing & Community Development, 7800 Harkins Road, Lanham, Maryland, March 2018. Photo courtesy of Department of Housing & Community Development.
Quarterly Report to Governor, General Assembly, & Joint Audit & Evaluation Committee (Chapter 123, Acts of 2024).
BOARD OF DIRECTORS
Chair (chosen by Board of Directors): Brooke E. Lierman, Esq., Comptroller of Maryland
Appointed by Governor with Senate advice & consent to 4-year terms: Tracy Evans, 2028; Tifani J. Fisher, 2028.
Ex officio: Brooke E. Lierman, Esq., Comptroller of Maryland; Kevin A. Anderson, Secretary of Commerce; Atif T. Chaudhry, J.D., Secretary of General Services; Jacob R. (Jake) Day, Secretary of Housing & Community Development; Rebecca L. Flora, Secretary of Planning.
INVESTMENT COMMITTEE
CHIEF EXECUTIVE OFFICER
Michael Pokorny, Chief Executive Officer (chosen by Board of Directors)
e-mail: michael@mdcommunityinvestment.com
An instrumentality of the State, the Maryland Community Investment Corporation is a body politic and corporate.
The Corporation is required to do all things necessary to qualify as a qualified community development entity; apply to the U.S. Department of the Treasury to be designated as a qualified community development entity; and apply to the U.S. Department of the Treasury for an allocation of new markets tax credits. Moreover, the Corporation is to receive, make, and facilitate qualified equity investments and financial assistance available in Maryland's low–income communities; allocate any new markets tax credits received by the Corporation; and coordinate with other qualified community development entities in Maryland to help ensure that low–income communities are receiving the maximum benefit of qualified equity investments in the State. Further, the Corporation will make investments and financial assistance available to Maryland's low–income communities from the Corporation’s money or from any other source; build a long–term financial capacity and sustained investment in low–income communities in the State; coordinate and create pathways to follow–on financing in Maryland; and foster inclusive and diverse entrepreneurship and innovation throughout the State, which may include initiatives to raise awareness of programs to assist low–income communities (Code Economic Development Article, secs. 10-1101 through 10-1123).
An Advisory Committee and an Investment Committee will be formed by the Corporation (Code Economic Development Article, secs. 10-1108, 10-1109).
Governing the Corporation is the Board of Directors, which consists of seven members. Of these, two are appointed to four-year terms by the Governor with Senate advice and consent; and five serve ex officio. The Board chooses the Chair (Code Economic Development Article, sec. 10-1105).
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e-mail: mdmanual@maryland.gov
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