Current:Home > StocksMaryland governor aims to cut number of vacant properties in Baltimore by 5,000 -TradeFocus
Maryland governor aims to cut number of vacant properties in Baltimore by 5,000
View
Date:2025-04-16 17:44:26
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! (4)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Israel tank unit takes control of Gaza side of Rafah border crossing as Netanyahu rejects cease-fire proposal
- Court rules North Carolina Catholic school could fire gay teacher who announced his wedding online
- Cardinals catcher Willson Contreras breaks left forearm when hit by J.D. Martinez’s bat
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- While illegal crossings drop along U.S. border, migrants in Mexico grow desperate
- Georgia appeals court will review decision that allowed Fani Willis to stay on Trump's Fulton County case
- Twenty-Five Years After Maryland Deregulated Its Retail Energy Market, a Huge Win Looms For Energy Justice Advocates.
- Trump wants to turn the clock on daylight saving time
- 4 killed in yet another wrong-way highway crash in Connecticut
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Building collapse in South Africa sparks complex rescue operation with dozens of workers missing
- Louisiana lawmakers reject adding exceptions of rape and incest to abortion ban
- Phoenix Braces—and Plans—for Another Hot, Dry Summer
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- 27 Non-Alcoholic Beverages For Refreshing Spring & Summer Mocktails
- Cruise worker accused of stabbing woman and 2 security guards with scissors on ship headed to Alaska
- Proof Emma Stone Doesn’t Have Bad Blood With Taylor Swift’s Ex Joe Alwyn
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Tornadoes, severe storms rip through Ohio, Oklahoma, Michigan: See photos
Mystik Dan to the Preakness? Kenny McPeek provides update on Kentucky Derby 150 winner
Skeletons missing hands and feet found at Hitler's former headquarters in Poland — but cause of death remains a mystery
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
'Taylor Swift vs Scooter Braun: Bad Blood' docuseries coming to Max
Tesla laying off 316 workers at Buffalo, New York facility amid global staff reductions
Alabama lawmakers approve stiffer penalties for falsely reporting crime
Like
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Israel tank unit takes control of Gaza side of Rafah border crossing as Netanyahu rejects cease-fire proposal
- Walmart's Sale Outdid Itself: Shop Serious Deals on Apple, Ninja, Shark, Nespresso & More Top Name Brands