Governor Hogan Announces New $50 Million Rural Maryland Economic Development Fund

In Case You Missed it

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

Figure 1 – Photo of Maryland rural/farming landscape, Maryland Department of Planning.

Governor Larry Hogan announced in February that $50 million in grant funds will be made available to boost economic development activity, stimulate private sector investment, and grow jobs in the state’s rural regions. Five rural regional councils, representing the Upper, Mid and Lower Eastern Shore, Southern Maryland, and Western Maryland, will submit proposals to the Maryland Department of Commerce (Commerce) outlining how they plan to use up to $10 million available through the Rural Maryland Economic Development Fund.

“Today we are taking the next important step forward in our efforts to help rural Maryland come back better and stronger than ever before,” said Governor Hogan.“ This unprecedented $50 million investment will help us put even more ‘open for business’ signs in the windows in our small towns, it will create thousands of new jobs in rural communities, and it will literally transform neighborhoods and communities for the better all across our state.”

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