P.G.: Economic development fund paying job dividends

Prince George’s fledgling economic development incentive fund has caused nearly 1,000 jobs to be created or kept in the county, according to a year-end review given Monday by County Executive Rushern Baker.

The $50 million fund, which began operating in July, is meant to provide loans and grants to county businesses over the next few years. It has provided $2.4 million in loans or grants to six local businesses that have resulted in 627 jobs being retained and 358 new ones created, according to the county.