Current:Home > ScamsMaryland governor aims to cut number of vacant properties in Baltimore by 5,000 -FutureFinance
Maryland governor aims to cut number of vacant properties in Baltimore by 5,000
View
Date:2025-04-15 15:04:37
BALTIMORE (AP) — Maryland Gov. Wes Moore signed an executive order Tuesday that aims to transform 5,000 vacant properties in Baltimore into homeownership or other positive outcomes in five years.
The order creates a program called Reinvest Baltimore. It will coordinate state, city, nonprofit and for-profit partners’ efforts to eliminate concentrations of vacant properties and revitalize neighborhoods.
“Baltimore’s vacant property crisis is an issue that cannot wait — because in order to have a strong state, you must have a strong housing market, where people own more than they owe,” Moore, a Democrat, said in a statement. “I want to thank all the partners who raised their hand to be a part of this work that will open paths to work, wages, and wealth for Baltimoreans and grow our state’s economy.”
The executive order creates a council that will tap community, corporate, philanthropic and government leaders. The initiative also aims to strengthen the partnership between city and state officials to create more attractive spaces for people to live and put down roots.
“Tackling the issue of vacants in Baltimore at scale and ending this decades long crisis is going to take partnership, coordination, and vision,” said Mayor Brandon Scott, who launched a 15-year plan to address the city’s vacant properties last year.
Baltimore has more than 13,000 vacant structures and more than 20,000 vacant lots.
veryGood! (2)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- A big bank's big mistake, explained
- Judge Scales Back Climate Scientist’s Case Against Bloggers
- Aviation leaders call for more funds for the FAA after this week's system failure
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Can Arctic Animals Keep Up With Climate Change? Scientists are Trying to Find Out
- The tax deadline is Tuesday. So far, refunds are 10% smaller than last year
- Are you struggling to pay off credit card debt? Tell us what hurdles you are facing
- The Daily Money: Spending more on holiday travel?
- Inside Clean Energy: A Michigan Utility Just Raised the Bar on Emissions-Cutting Plans
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Kate Middleton Gets a Green Light for Fashionable Look at Royal Parade
- Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
- Torrential rain destroyed a cliffside road in New York. Can U.S. roads handle increasingly extreme weather?
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Do Leaked Climate Reports Help or Hurt Public Understanding of Global Warming?
- FAA contractors deleted files — and inadvertently grounded thousands of flights
- How Comedian Matt Rife Captured the Heart of TikTok—And Hot Mom Christina
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Migrant crossings along U.S.-Mexico border plummeted in June amid stricter asylum rules
New York’s Right to ‘a Healthful Environment’ Could Be Bad News for Fossil Fuel Interests
A Plea to Make Widespread Environmental Damage an International Crime Takes Center Stage at The Hague
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Maps show flooding in Vermont, across the Northeast — and where floods are forecast to continue
Two Indicators: The 2% inflation target
Kim Kardashian Reacts to Pregnant Kourtney Kardashian and Travis Barker’s Baby News