Frederick County Main Street Communities Cooperative Fund

Frederick County Main Street Communities Cooperative Fund

Funder: Frederick County government and Tourism Council of Frederick County, Inc. (Visit Frederick)

Purpose: Provides formula-driven allocation of a portion of Frederick County Hotel Rental Tax proceeds to State designated Main Street Maryland communities to support the Main Street Maryland program.

Eligibility

• Applicants: State designated Main Street Maryland communities whose Main Street boundaries are within Frederick County
• Geographic Scope: Frederick County, Maryland
• Affiliate Eligibility: Main Street Maryland Affiliates accepted by Department of Housing and Community Development (DHCD) within Frederick County

Program Overview

Established through a Memorandum of Understanding (MOU) between Frederick County government and Visit Frederick, this fund provides formula-driven allocations based on actual public and private monetary support of each community's Main Street program.

Funding Uses

Required:
• At least 50% of funds received over 12 months must be used for marketing the Main Street outside of Frederick County

Permitted Uses:

Developing and promoting the Main Street program

Marketing initiatives

Economic development activities

Affiliate Funding

Special funds set aside for Main Street Maryland Affiliates may be used for:
• Market studies and research for potential Main Street program establishment
• Attendance at state and national Main Street conferences and seminars
• Other expenditures deemed appropriate through collaboration with DHCD and Visit Frederick

Allocation Process

• Figures for actual public and private monetary support from each applying Main Street are combined
• Each program's percentage of the total is calculated
• Formula-driven allocation distributed accordingly

Unused Affiliate Funds

Funds set aside for Affiliates that remain unencumbered by the beginning of the fourth quarter of a fiscal year become available to:
• Designated Main Streets within Frederick County for use by two or more of them in collaborative marketing or development initiatives
• Determined by the county's Designated Main Streets in coordination with the Frederick County Office of Economic Development

Background

The Main Street Maryland program strives to strengthen the economic potential of traditional main streets and neighborhoods through:
• Economic planning support
• Marketing and promotion
• Training and education
• Designation as a State recognized Main Street program

Contact Information

Katie Reichard, Operations Director
• Phone: 301-600-4043