Maryland Higher Education Commission - Practical Applications of Real Estate Appraisal (PAREA) Grant Program - Established
Approved by the Governor - Chapter 744
Summary
The bill sets up the Practical Applications of Real Estate Appraisal (PAREA) Grant Program, which the Maryland Higher Education Commission will run. It awards grants to eligible individuals—especially minorities living in historically redlined or underrepresented communities—to pursue appraisal training. The goal is to reduce appraisal gaps and diversify the appraisal profession.
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