The Seed Community Development Anchor Institution Fund (SEED) is a State of Maryland program to provide matching financial assistance through grants and loans to anchor institutions (e.g. hospitals and institutions of higher education in the State of Maryland) to support local community development projects with a focus of eliminating blight in targeted areas.
Donor Name: Maryland Department of Housing and Community Development
Type of Grant: Grant
Size of the Grant: $10 million
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.
Grant amount: $10 million capital
Uses of funds
Funds will be used for capital costs, such as, construction/rehabilitation, acquisition, architectural and engineering drawings, site development, public infrastructure improvements, other costs associated with capital neighborhood improvement projects.
- Eligible applicants are anchor institutions defined as an institution of higher education in the state or a hospital institution in the state that:
- 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.
For more information, visit MDHCD.