Hogan: Maryland invests $13.5 million to improve waterways
(The Center Square) – During a visit to the East Coast, Maryland Governor Larry Hogan touted new investments in the state’s waterways.
The governor announced that 45 candidates will receive part of the $13.5 million which will be invested through grants from the Waterways Improvement Fund. The grants are designed to promote boating access, facilities and navigation in state waters.
“The Maryland Waterways Improvement Fund has been an extremely valuable program for 56 years,” Maryland Natural Resources Secretary Jeannie Haddaway-Riccio said in a statement. Press release. “Without this, we would not be able to invest in these essential navigation projects in partnership with our counties, riverside communities and waterway users.”
According to the statement, the fund invests in the construction and maintenance efforts of more than 400 public navigation facilities and public navigation channels in 250 locations, in addition to purchasing icebreaking and rescue boats.
The projects, according to the statement, include new public boating access, amenities and facilities, dredging of waterways, provision of emergency boats and equipment for first responders, as well as other infrastructure and efforts.
The state’s Department of Natural Resources, according to the release, will administer the program, including federal grant programs that enhance recreational boating efforts in the state.
The Waterways Improvement Fund, according to the release, strives to provide monetary support to community governments, as well as the department, as well as federal agencies with grants or loans for boat building projects. .
The fund, which was established in 1966, the statement said, was developed specifically for recreational and commercial projects on the state’s waterways, and the fund’s revenue is derived from the 5% excise tax imposed. to the State when a boat is purchased and titled.
According to the release, the fund has raised more than $300 million which has been allocated to more than 4,500 projects at more than 300 boating hotspots.