Gov. Wes Moore announced $50.8 million in awards to revitalize Baltimore City’s neighborhoods. The Baltimore Vacants Reinvestment Initiative (BVRI) provided the awards to reduce the number of vacant buildings across the city.
This is a historic acceleration of funding to rehabilitate vacant properties, committed to in the State’s Fiscal Year 2025 budget. The award will clear the way to create more affordable housing, new green spaces, and mixed-use developments in Baltimore City.
“In order for it to be Maryland’s decade, it has to be Baltimore’s time,” Moore said. “This historic investment through the Baltimore Vacants Reinvestment Initiative will transform the City of Baltimore by addressing vacancy brick by brick and block by block.”…