The Seed Community Development Anchor Institution Fund provides competitive grants and loans to anchor institutions for community development projects in blighted areas of the state.
Eligible applicants are anchor institutions defined as an institution of higher education in the state or a hospital institution in the state that:
Funds from the Seed Community Development Anchor Institution Fund may be used only to provide grants and loans to anchor institutions for capital improvement projects in blighted areas of the state. To be eligible for a grant or loan, an anchor institution must provide evidence of matching funds from a private source.
Examples of eligible projects include, but are not limited to:
Applications are evaluated based on need, community conditions, project/program scope, proposed timeline, budget, and organizational capacity. When the competitive round is open, the application can be found at https://projectportal.dhcd.state.md.us.
To find out more about our programs, please contact your Regional Project Manager.