The General Assembly finds that: unemployment conditions exist in many areas of the State; the acquisition and improvement of facilities are essential to relieve this unemployment and establish a balanced economy in the State; the health, safety, welfare, and right of gainful employment of residents throughout the State will be promoted by the acquisition and improvement of facilities; the control or abatement of environmental pollution in the State, including noise pollution, is necessary to: protect the health, safety, and welfare of the residents of the State; protect natural resources; retain and attract industry and commercial enterprises; and promote economic development; public ports in the State are valuable assets and any improvements to these ports that increase the import and export of waterborne commerce will directly benefit residents throughout the State; businesses need greater access to capital markets; and the availability of financial assistance under this subtitle will promote the economic development of the State. The purposes of this subtitle are to: relieve unemployment in the State; encourage the increase of industry and commerce and a balanced economy in the State; help retain and attract industry and commerce through measures including: port development; the control, reduction, or abatement of environmental pollution; and the utilization and disposal of wastes; promote economic development; protect natural resources and encourage resource recovery; encourage the creation and expansion of day care facilities in the State; and promote the health, safety, and welfare of residents throughout the State.