Governor Hogan launching ‘Project Restore,’ $25B project for business growth

MARYLAND – Maryland Governor Larry Hogan wants to see more business growth in the state, and on Monday he announced a plan to make that happen. The announcement comes as the Governor spent time in Berlin.

The Governor announced the launch of Project Restore, a 25 billion dollar initiative to incentivize business growth and create more jobs. Governor Hogan says the Maryland Department of Housing and Community Development will be giving new financial incentives to businesses and developers that occupy or restore empty storefronts.

But that’s not all. Officials will also offer up to one year of rental subsidies to offset those start up costs and up to one year of sales tax rebates.

The announcement comes as the Governor spends time here on the Eastern Shore, visiting towns and speaking with officials and business owners.

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