DHCD Announces $25 million in Grants to Maryland Businesses: ‘Project Restore’ Accepting Applications in Early September

Resources and Tools 

by Kristen E. Humphrey, MLA, Local Assistance and Training Planner 

Starting September 8, 2021, the Maryland Department of Housing and Community Development (DHCD) is accepting applications for two types of grants designed to assist Maryland businesses that plan to open or expand into previously vacant spaces. 

Project Restore will provide $25 million to fill vacant retail and commercial buildings and support business investment, job creation, and economic growth in Maryland’s communities. Through Project Restore, eligible business owners can apply for a Rental Assistance Grant or a Business Operations Grant. So, whether new or growing, businesses seeking to utilize vacant properties may qualify for help with rent payments and operating costs in their first year! 

DHCD has posted the “Notice of Funding Availability” online, and a sample application will be posted in the coming weeks. The online application portal is projected to open a preview of the application on Wednesday, September 8 at 12:00 pm. 

For questions, contact dhcd.projectrestore@maryland.gov. 

One thought on “DHCD Announces $25 million in Grants to Maryland Businesses: ‘Project Restore’ Accepting Applications in Early September

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s