Comptroller Franchot Recommends $1 Billion in Additional Stimulus Checks for Maryland Families and Businesses

Peter Franchot, Comptroller of Maryland, has recently advocated for $1 billion in funding to be distributed to some Maryland families and businesses in need.

Franchot’s recommendation is to send $1,000-$2,000 checks to single parents and guardians who make $50,000 or less.  Couples who make $75,000 or less and have dependent children would also be provided with a check.  It is estimated that $750 million will be put towards these Maryland families.

Additionally, Franchot recommends providing $250 million in grants to small businesses and restaurants.

The funding would likely come from a combination of Maryland’s Rainy Day Fund and remaining assets from the CARES Act. Franchot explained that if approved, the state would be able to disperse the funds very quickly.

This plan needs to be authorized by Governor Hogan in order to happen– as of right now he has not commented publicly about the comptroller’s suggested plan.

Featured photo courtesy of Franchot’s Instagram.

By: Michelle Katz @pike.and.rozay

MoCo Listing of the Week: 1728 Wilmart Street (Rockville)

Let’s just say that all you’d need is a time machine to be walking distance to Putt-Putt.

Not only that, but you can also walk over to one of just two MoCo Qdoba locations and hidden gem Oh Mama Grill (not many places in MoCo where you can get a good plate of shawarma).

Federal Plaza on one side of you wanna go old-school MoCo and Pike & Rose on the other if you’re into newer things.

3 bedrooms, 3 bathrooms, just under 1,700 square feet, and right off of exit 4 on I-270.

You wanna see more? Check it out here.

We’ll be bringing you a MoCo Listing of the Week, every week, courtesy of our real estate experts Team Nurit.

1728 Wilmart Street

Rockville, MD 20852