Investing in communities,
building opportunities.
Catalyzing growth across Maryland, the Maryland Community Investment Corporation is the state’s first sponsored Community Development Entity—unlocking federal funding to revitalize underserved communities and expand economic opportunity.
Maryland Community
Investment Corporation
Established under House Bill 599, proposed and signed into law by Governor Wes Moore, the Maryland Community Investment Corporation represents Maryland's first state sponsored Community Development Entity. It will draw crucial federal financial resources to galvanize development investment in underserved communities, fostering growth and opportunity across the state.
The creation of Maryland Community Investment Corporation comes at a pivotal time for Maryland, as the state addresses housing affordability and community investment through comprehensive legislative measures championed by Governor Moore during the 2024 legislative session.
The Maryland Community Investment Corporation’s Board of Directors will manage the Corporation and its strategic direction as it becomes certified as a Community Development Entity, applies for New Markets Tax Credits, and invests in Maryland communities.
