§ 7–1201
Statutes in effect as of October 1, 2026.
Md. Code Ann., Transp. § 7-1201 (2026)
Title 7. Mass Transit
Subtitle 12. Transit–oriented Development Capital Grant and Revolving Loan Fund
§ 7–1201LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
“Financial assistance” means a grant or loan from the Fund.
(c)
“Fund” means the Transit–Oriented Development Capital Grant and Revolving Loan Fund.
(d)
“Gap funding” means funding provided to compensate for a shortfall between the expected development costs of a project and the available funds for the project.
(e)
“Local jurisdiction” means a county or a municipal corporation.
(f)
“Municipal corporation” means a municipality as defined in § 1–101 of the Local Government Article.