Applications for Funding Opportunities Open September 19
(BALTIMORE – September 10, 2025) — Today, Mayor Brandon M. Scott announced the first application round for the City-Wide Affordable Housing TIF Funds to support the redevelopment of vacant properties throughout Baltimore City. Tax Increment Financing (TIF) is a public financing tool used by local governments to encourage development and redevelopment in underutilized or distressed areas. The application and program guidelines will be available on DHCD’s website.
“My administration is taking on a challenge that’s been ignored for generations — vacant housing — delivering $3 billion to end this crisis for good within 15 years,” said Mayor Brandon M. Scott. “This is a critical component of solving this challenge. Using these funds in our neighborhoods that have been disinvested in for decades will increase homeownership while preserving communities. It will take all of us working together to get there.”
The City-Wide Affordable Housing TIF is one of the first non-contiguous TIF Districts in the country. It is also one of the first to target funds to build the local economy by directing funds to small and emerging developers, community development partners, and individuals combatting vacants…