Skip to content

PROJECT RESTORE – Grant Application Opens Today at Noon

  1. Home
  2. News
  3. PROJECT RESTORE - Grant Application Opens Today at Noon
All News

PROJECT RESTORE – Grant Application Opens Today at Noon

HAGERSTOWN, MD (September 8, 2021) – The application for Project Restore, led by the Maryland Department of Housing and Community Development is scheduled to open today at noon. MDHCD is administering $25 million to provide financial support to Maryland’s new or expanding businesses to help incentivize commercial investment in vacant retail and commercial properties.​​
 
Project Restore will provide two grant opportunities for businesses that plan on opening or expanding into previously vacant spaces:
 
  • Rental Assistance Grant: The maximum grant request amount is $30,000 for rent for one year (rental payment up to $2,500 per month) for qualified small businesses with 50 or fewer employees (full-time equivalents).
 
  • Business Operations Grant: The maximum grant award amount is $250,000 for one or two years for businesses that generate sales and use tax. Grant funds can be used for activities and costs related to sustaining and growing the business such as staff costs, capital improvements, marketing, inventory and supplies, utilities and the like, and cannot be used for executive salaries or bonuses. Grant awards will be paid quarterly and will be based on sales and use tax generated by and submitted to the state in Calendar Year 2022. 
 
The application for Project Restore is set to be released at noon on Wednesday, September 8, 2021.
 
Questions? Looking for more information?
 
 
  • For specific questions regarding Project Restore, please contact MDHCD at [email protected].
 
  • For guidance on starting a small business in Washington County, please contact Herb Melrath from Western Maryland SBDC at [email protected].
 
###

Other news:

Washington County Department of Business and Economic Development Supports Business Community Amid Opening of 35-Foot Channel at Fort McHenry

Washington County Department of Business and Economic Development Supports Business Community Amid Opening of 35-Foot Channel at Fort McHenry

HAGERSTOWN, MD (April 26, 2024) The Washington County Department of Business and Economic Development is proud to announce its commitment to…
Read More
Governor Moore Announces Two Additional Programs to Support Local Businesses Impacted by Key Bridge Collapse

Governor Moore Announces Two Additional Programs to Support Local Businesses Impacted by Key Bridge Collapse

HAGERSTOWN, MD (April 26, 2024) The Washington County Department of Business and Economic Development is pleased to share important updates from…
Read More
Washington County Launches "Love Historic" Campaign for Historic Preservation Month

Washington County Launches "Love Historic" Campaign for Historic Preservation Month

HAGERSTOWN, MD (April 25, 2024) – In honor of Historic Preservation Month in May, Washington County is excited to announce…
Read More
See All News
Liberal Leave is in effective for Washington County Government

LIBERAL LEAVE IS IN EFFECT FOR WASHINGTON COUNTY GOVERNMENT

Liberal leave is in effect for all non-essential personal on Tuesday, February 13, 2024, until noon. Essential personnel are expected to fulfill their duties as usual.

The starting time for today’s Board of County Commissioners meeting will be reevaluated at 9:00 am.

For those required to travel, exercise caution on the roadways. If driving is necessary, ensure your vehicle is completely cleared, drive at a reduced speed, practice caution, and avoid crowding or passing plows.
 
We’ll keep the public informed of any changes. Stay updated by monitoring Washington County Government’s website and social media channels for the latest information. Your safety is our priority!