October 12th, 2018 by WCBC Radio
Although it’s a convoluted process involving a myriad of potential sources- officials say additional funding for proposed renovations of the downtown pedestrian mall should materialize over the next 18 months. Paul Kelly, executive director of the Cumberland Economic Development Corp., gave an update on the project — officially named the Baltimore Street Redevelopment Project — during Thursday’s monthly meeting of the Downtown Development Commission. The CEDC has roughly $2.5 million secured for the project, which is estimated to cost between $5 million and $7.4 million. The project is not expected to begin before 2020. So far, CEDC has secured $2 million from the Maryland State Highway Administration Transportation Alternatives Program. An additional $500,000 is expected in federal Appalachian Regional Commission grant funding. Kelly explained how he hopes to secure the additional money needed over the next 18 to 24 months. He said the state TAP funding may be increased….
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