Maryland’s local governments have an opportunity to expand their economic development toolkit, as the state’s Community Investment Corporation brings together experts for a two-day summit. The workshop will help local governments better position transformative projects for financing through tools like the New Markets Tax Credit.
The Maryland Community Investment Corporation (MCIC) is convening a two-day in-person summit to strengthen local economic development capacity and help jurisdictions harness the New Markets Tax Credit (NMTC) program to advance priority projects. Established in 2024 as Maryland’s first state-sponsored community development entity. The Maryland Community Investment Corporation is partnering with the Public Finance Initiative’s Rural and Small Cities Program to deliver this pro-bono workshop for county and municipal economic development professionals.
The summit, Investing in People, Places, and Possibility, will offer hands-on learning with practitioners and guided activities to help local leaders:
- Collaboratively identify pipelines of rural real estate projects
- Build capacity to pursue development finance & New Markets Tax Credits
- Gain understanding about the lifecycle of mission-driven real estate deals
- Explore public finance strategies and tools
- Assess critical financing gaps in rural communities
This event is designed to help local governments move catalytic projects forward and tap into new federal development tools.
Reach out to info@mdcommunityinvestment.com and programs@publicfinanceinitiative.com with any questions.
