SEED Community Development Anchor Institution Program

Seed Community Development Anchor Institution Fund Main_Content ​​​​​​​​​The Seed Community Development Anchor Institution Fund provides competitive grants and loans to anchor institutions for community development projects in Sustainable Communities or areas of the state that haven't been invested in. Eligible Applicants Eligible applicants are anchor institutions defined as an institution of higher education in the state or a hospital institution in the state that: Specifically:​​ An institution of higher education in the State; or Hospital institution in the State that: Has a group of at least five physicians who are organized as a medical staff for the institution; Maintains facilities to provide, under the supervision of the medical staff, diagnostic and treatment services for two or more unrelated individuals; and Admits or retains the individuals for overnight care. Maryland Hospital and Maryland Higher Education Institution Other Entities of the Institution. Eligible Projects The program will generate jobs, strengthen the partnership between anchor institutions and the State of Maryland, and lead to safer, healthier and more attractive communities. Successful projects should build an ongoing relationship between the anchor institution and the community. Funds from the Seed Community Development Anchor Institution Fund may be used only to provide grants and loans to anchor institutions for capital improvement projects in the eligible project locations. To be eligible for a grant or loan, an anchor institution must provide evidence of matching funds in an amount that equals the amount of financial assistance received from the Fund (1:1 match). Eligible Project Locations Funds from the Seed Community Development Anchor Institution Fund can only be used in areas known as Sustainable Communities or areas of the state that haven't been invested in. ​Sustainable Communities are geographic areas targeted for revitalization by local governments. To determine geographic eligibility, use the Neighborhood Revitalization Mapper​ ​. More Information For more information and how to apply, visit State Revitalization Programs webpage. Center_Content

Eligible Applicants Eligible applicants are anchor institutions defined as an institution of higher education in the state or a hospital institution in the state that: Specifically: