Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City

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.

The governor also announced a new Baltimore Vacants Reinvestment Initiative Support Fund, a partnership to provide additional assistance to community development organizations as they deploy capital funds. Through a partnership with the Maryland Community Investment Corporation, more than $1 million in grants from philanthropic partners have already been approved for the fund.

Organizations including the Goldseker Foundation, the Annie E. Casey Foundation, the Abell Foundation, the Zanvyl and Isabelle Krieger Fund, the Middendorf Foundation, and the Robert W. Deutsch Foundation are supporting the Baltimore Vacants Reinvestment Initiative Support Fund. 

Click here to read the full announcement.

Source: The Office of Governor Wes Moore