State-Chartered Banking Partner for Community Investment
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AI Contract Overview
The State-Chartered Banking Partner for Community Investment is a subcontracting opportunity designed to establish a regulatory framework and banking infrastructure for prime contractors working on projects for the Maryland Commissioner of Financial Regulation. The selected partner will be responsible for managing grant administration, providing access to state-chartered banking charters, and overseeing the disbursement of funds specifically intended for low-to-moderate income business services. To be eligible, applicants must hold status as a Maryland state-chartered bank or credit union. The scope of work involves delivering implemented project service offerings and conducting quarterly goal assessments to ensure project milestones are met. Interested parties should note that the solicitation was posted on November 12, 2026, with a response deadline of February 28, 2027. This engagement falls under NAICS code 522110, focusing on commercial banking services within the state of Maryland.
General Info
Documents
This scope was carved out of BPM059715.
The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.
Maryland Community Investment Venture Fund
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