Maryland Stadium Authority (MSA) – Sports Entertainment Facilities Financing Fund (HB 897)
Maryland Stadium Authority bond financing program (HB 897, 2022) that functions like a grant for sports facility development; authorizes MSA to issue up to $200M in bonds to fund construction or renovation of sports entertainment facilities statewide including minor league ballparks, equestrian centers, multi-use sports complexes, and venues for youth/amateur sports tournaments; $25M annual lottery-funded debt service; recreational facilities eligible with positive economic impact study; confirmed active with FY2026 budget.
About this program
Visit the program website for full details.
Eligibility
Municipalities, counties, sports organizations, and venue operators developing or renovating sports entertainment facilities in Maryland that demonstrate positive economic impact; minor league baseball facilities, multi-use sports complexes, equestrian centers, and youth/amateur sports tournament venues are explicitly named eligible uses.
Requirements
- Sports entertainment facility development or renovation project in Maryland
- Demonstrate positive economic impact to the state of Maryland
- Economic and feasibility study required for recreational facilities