Baltimore Organizations Line Up Financing for Stalled Housing Projects

AI Summary

Baltimore and Maryland officials have already committed $1.2 billion toward efforts to address urban decay and support troubled real estate projects. The Greater Baltimore Committee is seeking another $100 million through a funders’ consortium to help finance stalled developments.

Maryland city and state officials are looking to the public sector to turn back the clock on widespread urban decay in Baltimore. With the city and state already providing $1.2 billion, the Greater Baltimore Committee (GBC) is looking for an additional $100 million to help finance struggling real estate projects through a “funders’ consortium,” the […]