K
Kathy Magruder
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Jul 26, 2026
The Maryland General Assembly Just Turbocharged Our Greenbank
21:55
22:04
22:14
A
21:35Anmol VanamaliGUEST
But of course, with the... investment team that we have in place with the policy and procedures, we do the requisite amount of due diligence to make sure we are responsible custodians of that money.

Kathy MagruderGUEST
That committee sets the parameters and approves the investments based on the analysis and the due diligence of the staff.

Kathy MagruderGUEST
And they, early on in sort of framing the use of the funds, made it clear that they wanted to see a return on that investment to the fund as a priority.

Kathy MagruderGUEST
So they dialed back the amount of grant funding they were allowing us to use and said we would see we would prefer to see the greater percentage of these funds be used in investments that pay back either in terms of interest fees or some type of equity.
10 MINS LATER
