Commercial Revitalization Programs
Businesses in the designated districts are eligible for loans and other assistance to encourage investment in these established communities. Businesses must be within a district and contact Commercial Revitalization prior in order to apply for assistance.
Architect-On-Call Download form (PDF)
Architect-On-Call offers up to ten free hours of professional architectural design services to businesses improving the exteriors of their buildings. After an initial site visit and meeting, the architect prepares a digital rendering of the building with design recommendations and a rough cost estimate. The service is free when improvements are certified as complete.
Baltimore County Small Business Loan Partnership
This fund provides real estate and fixed-asset loans through a partnership between Baltimore County and the area's leading financial institutions. (read more)
Baltimore County Business Growth Loans
In Commercial Revitalization Districts, this fund is primarily used to assist significant redevelopment projects. The maximum loan amount is $250,000 and can be used for the acquisition and improvement of land, buildings, and equipment, including new construction and the renovation of existing facilities. Terms and interest rates are based upon the economic impact of the project.
Commercial Revitalization Tax Credit
For larger projects, this benefit provides a five-year real property tax credit if physical improvements increase the assessed property value by $50,000 or more. A ten-year credit is available if improvement costs exceed $10 million.
Maryland's Neighborhood Business Development Program
This state program provides loans from $25,000 - $500,000 for pre-development, development and start-up costs. Loans have flexible interest rates and terms.
Revised June 14, 2011
