# COMAR Title 05 — Department of Housing and Community Development

## Subtitle 14 — Neighborhood and Community Assistance Program

### Chapter 01 — Community Investment Tax Credit Program

#### Regulation .02 Purpose and Objectives.

*COMAR 05.14.01.02*

A. The purpose of the Program is to improve the well-being of people and the health of communities in priority funding areas by strengthening the ability of nonprofit organizations serving those areas to build partnerships with private sector businesses.

B. The objectives of the Program are to:

  (1) Assist nonprofit organizations in carrying out approved projects to improve the welfare, health, and economic conditions in priority funding areas;

  (2) Encourage businesses and individuals to invest in priority funding areas; and

  (3) Strengthen public/private partnerships.