Financial assistance is now available for economic development projects taking place in Washington, Allegany, and Garrett counties.

The $50 million Senator George C. Edwards Fund will provide funding over the next four years, with $20 million allocated to Fiscal Year 2023. The fund is overseen by the Western Maryland Economic Future Investment Board and administered by the Tri-County Council for Western Maryland.

Projects that will be considered for assistance must fall under two categories – business development and capital infrastructure – and can include housing, road improvements, broadband, and more, with an ultimate goal of creating and retaining jobs in Western Maryland.

“It is an honor to continue Senator Edwards’ legacy of working hard to bring prosperity to Western Maryland,” said Andrew Sargent , regional representative with the Maryland Department of Commerce and board chair. “Using these considerable state resources, the Western Maryland Economic Future Investment Board will endeavor to buoy existing businesses and attract new ones to the region. We will measure success by the number of new positions created, the amount of private investment leveraged, and the increased tax base.”

For more information and to apply for funding, visit senatoredwardsfund.org .