Key Takeaways:

Maryland report outlines a statewide baby bonds program to aid low-income children .

A $7,000 state seed investment could grow to over $50,000 by age 30.

Baby bonds aim to close Maryland’s racial wealth gap and expand homeownership.

Program eligibility may be tied to Medicaid , SNAP data or ENOUGH Act ZIP codes.

Comptroller Brooke Lierman released a report Wednesday outlining the potential for Maryland to adopt a statewide baby bonds program that she believes could close the racial wealth gap and drive economic prosperity.

“Baby bonds for low-income Marylanders align with the vision I have set for my office to create a state that is more equitable, more resilient, and more prosperous so that every Marylander can reach their full potential,” Lierman, a Democra

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