Maryland Higher Education Commission - Practical Applications of Real Estate Appraisal (PAREA) Grant Program - Established

Summary

The bill establishes the Practical Applications of Real Estate Appraisal (PAREA) Grant Program, which provides financial awards to individuals—especially minorities living in historically redlined neighborhoods—to become real estate appraisers. The Maryland Higher Education Commission will administer the program to close appraisal gaps and diversify the profession.

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