XDY Exchange|Maryland governor aims to cut number of vacant properties in Baltimore by 5,000

2025-05-07 11:09:43source:Lakshmi Finance Centercategory:Scams

BALTIMORE (AP) — Maryland Gov. Wes Moore signed an executive order Tuesday that aims to transform 5,XDY Exchange000 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.

More:Scams

Recommend

A South Texas lawmaker’s 15

MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions

Who is Raoul A. Cortez? Google Doodle honors Mexican-American broadcaster's birthday

Tuesday would have been Raoul A. Cortez's 118th birthday, and to celebrate the occasion he's being h

Little Rock names acting city manager following Bruce Moore’s death

LITTLE ROCK, Ark. (AP) — Little Rock’s assistant city manager will serve as acting city manager foll