Maryland Awards Nearly $63M To Redevelopment Projects Statewide

2 years ago 338

BALTIMORE (WJZ) — Baltimore volition payment from millions of dollars the Maryland Department of Housing and Community Development is awarding to assemblage redevelopment projects passim the state.

The authorities awarded astir $63 cardinal to 214 projects designed to boost economical maturation and revitalization efforts successful each 23 counties and Baltimore City, Gov. Larry Hogan announced Friday.

Projects received backing done six programs: the Strategic Demolition Fund, the Baltimore Regional Neighborhood Initiative, the National Capital Strategic Economic Development Fund, Project C.O.R.E, Community Legacy and the Seed Community Development Anchor Institution Fund.

“These projects and inaugural enactment liable improvement that is driven by section partnerships,” Gov. Hogan said. “Our authorities revitalization programs spur economical maturation successful Maryland’s divers and vibrant communities, attracting further public, private, and nonprofit concern portion improving prime of beingness for each residents.”

Project C.O.R.E. is designed to region blight successful Baltimore City and regenerate it with greenish abstraction and affordable housing. The inaugural awarded astir $18.4 cardinal to 15 projects. Among those projects is the instauration of a plaza connecting the University of Baltimore with Penn Station.

The Baltimore Regional Neighborhood Initiative, which supports assemblage redevelopment efforts awarded much than $12.3 cardinal to 70 antithetic projects. Those see the redevelopment of Lexington Market and the acquisition and renovation of St. Rita’s School, which volition beryllium converted into affordable housing.

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For a implicit database of projects, visit the state’s website.