# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 1. General Provisions

#### Section 5-102

The Department shall administer the State's economic development and financial assistance programs and funds including:

(1) the BRAC Revitalization and Incentive Zone Program, under Subtitle 13 of this title;

(2) the Enterprise Fund, under Subtitle 6 of this title;

(3) the Enterprise Zones Program, under Subtitle 7 of this title;

(4) the Make Office Vacancies Extinct Program, under Subtitle 15 of this title;

(5) the Maryland Economic Adjustment Fund, under Subtitle 2 of this title;

(6) the Maryland Economic Development Assistance Authority and Fund, under Subtitle 3 of this title;

(7) the Maryland Industrial Development Financing Authority, under Subtitle 4 of this title;

(8) the Maryland Small Business Development Financing Authority, under Subtitle 5 of this title;

(9) the Appalachian Regional Development Program, under Title 13, Subtitle 1 of this article;

(10) jointly with the Department of Housing and Community Development, the Community Development Block Grant for Economic Development; and

(11) any other programs or funds designated by statute, the Governor, or the Secretary.

---

Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)