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Commissioners authorize transfer of private-activity bond allocation to state housing and commerce agencies
Summary
The Board approved transferring the county’s private-activity bond allocation authority for 2025 to the Maryland Department of Commerce and to the Maryland Department of Housing and Community Development to support state-administered housing programs.
St. Mary’s County commissioners on May 13 approved the annual practice of transferring the county’s private-activity bond allocation authority to the Maryland Department of Commerce and to the Maryland Department of Housing and Community Development (DHCD).
Chris Casalemas, director of economic development, explained the allocation process: Commerce…
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