Project Restore Awards $14.5M, Benefitting Over 350 Maryland Businesses

Tuesday, Governor Hogan announced the second round of recipients for Project Restore, a $25 million economic recovery initiative that provides financial incentives to revitalize vacant retail and commercial space.

Administered by the Maryland Department of Housing and Community Development (DHCD), Project Restore offers rental and operational grants to help offset startup costs and incentivize commercial investment in vacant spaces.

“Through Project Restore, we have made significant progress to keep businesses operating and growing in every corner of the state,” said Secretary Kenneth C. Holt of DHCD. “Our department will continue to help businesses supercharge Maryland’s economy.”

Awarded businesses include retail stores, breweries and restaurants, manufacturing locations, and office space. Every county in Maryland and Baltimore City has at least one business receiving a grant. For a complete list of the latest awardees, visit the DHCD website.

Read the full press release.
View the full list of awardees.
Learn more about Project Restore.