The 1997 Priority Funding Areas Act directs State funding for growth related infrastructure to places known as Priority Funding Areas (PFAs), providing a geographic focus for state investment in growth. Growth-related projects include most State programs that encourage development, such as highways, sewer and water construction, economic development assistance, and state leases or construction of new office facilities.
Being located in a priority funding area makes a project eligible for many important incentives. These include all Maryland Economic Development Assistance Authority Fund (MEDAAF)
programs as well as the Community Investment Tax Credit. For more information on PFAs, visit the Maryland Department of Planning
or contact the Economic Development Corporation at 301-583-4650 and ask to speak with a Business Development Specialist.