Section 13-1113 - Grants and loans.
§ 13-1113. Grants and loans.
(a) In general.- As provided in the State budget, the Authority may award:
(1) Grants and loans to local jurisdictions or other appropriate entities for planning, design, acquisition, development, preservation, restoration, interpretation, marketing, and programming of certified heritage areas; and
(2) Grants to local jurisdictions or other appropriate entities to develop management plans in recognized heritage areas.
(b) Grants for management plans.- A grant to develop a management plan may not exceed 50% of the cost of the management plan.
(c) (1) Acquisition and development grants.- Except as provided in paragraph (2) of this subsection, the Authority may make acquisition and development grants only for projects in a target investment zone within a certified heritage area for a period of up to 10 years after the day on which the Authority first approves funding for acquisition or development grants in:
(i) The target investment zone; or
(ii) That portion of the target investment zone added through a boundary amendment approved by the Authority.
(2) The Authority may make acquisition or development grants for a project in a target investment zone after the 10-year period described in paragraph (1) of this subsection, or outside a target investment zone, if the Authority determines that the project is essential for the success of the management plan for the certified heritage area.
(3) An acquisition or development grant:
(i) May not be used for any purpose other than implementation of the certified heritage area in conformity with the approved management plan; and
(ii) May not exceed 50% of the total project cost for which the grant is awarded.
(d) Program grants.-
(1) Subject to paragraph (2) of this subsection, the Authority may make program grants to local jurisdictions and other appropriate entities:
(i) To develop and present interpretive exhibits, materials or other appropriate products to further the educational and recreational objectives of the certified heritage areas program; and
(ii) To encourage revitalization of, and reinvestment in, certified heritage area resources.
(2) A program grant made by the Authority under paragraph (1) of this subsection may not exceed 50% of the estimated project cost.
(e) Technical assistance.- Through the resources of the members of the Authority and in cooperation with other State agencies, the Authority shall provide technical assistance to management entities implementing a management plan.
[1996, ch. 601, § 1; 2007, ch. 93.]