A Strategic Plan for Accelerating Economic Development in Maryland - 2016

as required in §2.5-202 of the Economic Development Article

Arts and Entertainment Districts

Maryland’s Arts & Entertainment (A&E) Districts help develop and promote community involvement, tourism, and revitalization through tax-related incentives that attract artists, arts organizations, and other creative enterprises to towns and cities across the State.

Enterprise Zones

The Enterprise Zone program provides real property and state income tax credits for businesses located in a Maryland enterprise zone in return for job creation and investments.

Maryland Main Streets

Main Street Maryland is a comprehensive downtown revitalization program to strengthen the economic potential of Maryland’s traditional main streets and neighborhoods.

Opportunity Zones

The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Job’s Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of capital gains to help redevelop underserved communities. Developed by the Maryland Department of Housing and Community Development to facilitate Opportunity Zone investment, the Maryland Opportunity Zone Information Exchange is the first comprehensive, interactive resource of its kind in the nation.

Sustainable Communities (DHCD)

The Maryland Department of Housing and Community Development's Sustainable Communities Program is a place-based designation offering a comprehensive package of resources that support holistic strategies for community development, revitalization and sustainability. Led by the Department, Sustainable Communities has provided local governments with a framework for promoting environmentally, economically and socially responsible growth and development in existing older communities.

Land Restoration Program (Brownfields)

The Land Restoration Program focuses on cleaning up uncontrolled hazardous waste sites throughout Maryland.

Maryland Historic Revitalization Tax Credit Programs

Maryland Historic Revitalization Tax Credit Program is to encourage private sector investment in the rehabilitation and re-use of historic buildings and to promote investment in local economies.

Maryland InfoPortal

Maryland InfoPortal is the best one stop for finding financial and non-financial assistance, containing links to 700-plus state programs providing financial, non-financial and technical assistance and direct development to local government, civic and private organizations, and individuals.

Maryland's Workforce and Labor Market Data

Your source for Maryland's Workforce and Labor Market Data

MDP Priority Funding Area Map

Priority Funding Areas are existing communities and places where local governments want State investment to support future growth.

Reinvest Maryland

A Guide to Accelerating Infill, Redevelopment and Community Revitalization, Reinvest Maryland represents an opportunity for all levels of government to work together, strengthen collaborative efforts to support revitalization and reinvestment, and to engage stakeholders of all types in the effort to rebuild our communities and improve quality of life.

Why Maryland

For those who crave success built on both hard work and the right environment, Maryland is turning on the lights and opening the door. So take a look around, and discover what Maryland can do for you.