Wednesday, May 2, 2018

Baltimore creating $55 million neighborhood investment fund by leasing garages

Baltimore City Mayor Catherine Pugh announced a plan Wednesday to invest $55 million into building housing, recreation and business opportunities in city neighborhoods that in some cases have not seen new investment in decades. The Neighborhood Impact Investment Fund was an idea Pugh had while running for mayor in 2016 that she hopes will spur additional investment and development from other companies and organizations into the city’s most divested neighborhoods. The city plans to acquire the money…



from https://www.bizjournals.com/baltimore/news/2018/05/02/baltimore-creating-55-million-neighborhood.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173517054207

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