Hogan says Maryland will invest $56.5M to bolster federal opportunity zones

A total of $56.5 million in several state and federal incentives will be used across Maryland to attract opportunity zone investments as a national competition for such dollars heats up.

Gov. Larry Hogan detailed the package on Thursday in an opportunity zone in West Baltimore next to Coppin State University. There, a $20 million redevelopment of the shuttered Walbrook Mill is underway to convert it into mixed-income apartments and a food hall.

"These initiatives will foster an environment of economic…

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