Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the Board of Directors of the New Shiloh Development Corporation, Inc. for the planning, design, repair, renovation, reconstruction, and capital equipping of an existing building for use as the New Shiloh Multipurpose Center, located at 21000 Monroe Street in Baltimore; prohibiting the use of the proceeds of the sale of the bonds and the matching fund for sectarian religious purposes; providing for disbursement of the loan proceeds; etc.