On or before December 1, 2019, and each December 1 thereafter, the Department shall submit a report to the Governor and, in accordance with § 2–1257 of the State Government Article, to the General Assembly on:
(1)with respect to financial assistance provided under Title 4, Subtitle 2 of this article:
(i)the number of projects that qualified as business projects under § 4–223 of this article;
(ii)the location of each business project, including whether the business project is located:
1. in an area designated as a priority funding area under § 5–7B–02 of the State Finance and Procurement Article; or
2. only in a qualified opportunity zone designated under § 1400Z–1 of the Internal Revenue Code; and
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On or before December 1, 2019, and each December 1 thereafter, the Department shall submit a report to the Governor and, in accordance with § 2–1257 of the State Government Article, to the General Assembly on:
(1) with respect to financial assistance provided under Title 4, Subtitle 2 of this article:
(i) the number of projects that qualified as business projects under § 4–223 of this article;
(ii) the location of each business project, including whether the business project is located:
1. in an area designated as a priority funding area under § 5–7B–02 of the State Finance and Procurement Article; or
2. only in a qualified opportunity zone designated under § 1400Z–1 of the Internal Revenue Code; and
(iii) the amount of grants or loans provided for the development of each business project;
(2) with respect to the Strategic Demolition and Smart Growth Impact Fund established under § 4–508 of this article:
(i) the number and amount of grants and loans provided to government agencies and community development organizations during the immediately preceding fiscal year; and
(ii) the location of each revitalization project for which a grant or loan was provided, including whether the revitalization project is located:
1. in an area designated as a Sustainable Community; or
2. only in a qualified opportunity zone designated under § 1400Z–1 of the Internal Revenue Code;
(3) with respect to the Community Legacy Program established under Title 6, Subtitle 2 of this article:
(i) the location of each community legacy project, including whether the community legacy project is located:
1. in a sustainable community; or
2. only in an eligible opportunity zone; and
(ii) the amount of financial assistance provided for each community legacy project; and
(4) with respect to the Business Development Program established under Title 6, Subtitle 3 of this article:
(i) the names of approved entities awarded financial assistance under that program;
(ii) the location of the approved entity’s operation, including whether the approved entity’s operation is located:
1. in a priority funding area; or
2. only in an eligible opportunity zone; and
(iii) the amount of each financial assistance award.