“Project Restore has been an incredible success in advancing our mission to make Maryland Open For Business, and today’s awards extend that impact even further in downtowns and on Main Streets across the state,” said Governor Hogan. “We’re now able to extend the initiative’s impact even further across the state—with just over 80% of this round of grants going to minority-owned businesses—supporting jobs and economic recovery for years to come.”
Project Restore was launched by the governor last year, and is administered by the Maryland Department of Housing and Community Development (DHCD). Through Project Restore, the department offers property assistance and operational grants to support startup and expansion costs and incentivize private investment in vacant spaces. In total, more than 725 businesses have now been awarded grants through Project Restore.