PROJECT RESTORE – Grant Opportunities for New and Expanding Businesses

Posted: August 24, 2021

Business Development, General County

HAGERSTOWN, MD (August 24, 2021) – The Maryland Department of Housing and Community Development 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.

SAMPLE APPLICATION – PROJECT RESTORE

The application for Project Restore is set to be released at noon on Wednesday, September 8, 2021.

For more information on Project Restore, visit https://www.washco-md.net/project-restore/. For specific questions regarding Project Restore, please contact [email protected].

###

Other news:

TRAFFIC ALERT: Broadfording Road to Close Beginning July 27 for Road Improvement Project

July 24, 2026

HAGERSTOWN, MD (July 24, 2026) – Beginning Monday, July 27, 2026, at 7:00 a.m., Broadfording Road will be closed to…

TRAFFIC ALERT: Perini Avenue to Close Beginning July 27 for Intersection Improvement Project

July 24, 2026

HAGERSTOWN, MD (July 24, 2026) – The Washington County Division of Engineering announces that beginning Monday, July 27, 2026, at 6:00 a.m.,…

Washington County to Host 2026 Emergency Preparedness Expo on October 10

July 17, 2026

WASHINGTON COUNTY, MD (July 17, 2026) –The Office of Emergency Management, Department of Public Relations and Marketing, and the Public Safety Training Center invite residents…