Governor Wes Moore announced $50 million in grant awards and the creation of a new philanthropic support fund to accelerate efforts to reduce vacant properties in Baltimore City through the Baltimore Vacants Reinvestment Initiative, part of the administration’s broader Reinvest Baltimore strategy.
Per the news release distributed on Tuesday, July 8: “Governor Wes Moore today announced $50 million in grant awards to support vacant property reduction efforts in Baltimore City through the Baltimore Vacants Reinvestment Initiative. The governor also announced a new Baltimore Vacants Reinvestment Initiative Support Fund, toward which philanthropic partners have contributed more than $1 million for technical assistance to support awardees. Today’s announcements marks an acceleration of the Moore-Miller Administration’s commitment to addressing the challenge of vacant properties in Baltimore City neighborhoods announced last year through the creation of Reinvest Baltimore.
“For this to be Maryland’s decade, it has to be Baltimore’s time,” said Gov. Moore. “We know that if we want to drive investment and growth in Baltimore City, we need to address its vacant housing crisis. And the future of these properties will be written in coordination with local leaders – because those closest to the problem are closest to the solution. Together, we will build a more vibrant, prosperous, and growing Baltimore for all.”…