§ 7-1201

Maryland § 7-1201

• Jurisdiction: Maryland
• Article gtr: Transportation
• Title: 7

Text

(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.