In distressed neighborhoods where vacants are concentrated, but strong anchors make revitalization possible, Vacants to Value builds partnerships with developers capitalized to rehabilitate large scale areas into neighborhoods of choice.
V2V utilizes the assets uniquely held by Baltimore Housing – the capacity for targeted code enforcement, strategic land disposition, receivership filing, and large-scale demolition – to create a predictable environment that allows the City to improve communities, build market confidence, and leverage investment from the private sector, nonprofit partners, and other City agencies.
- Project Finance The Office of Project Finance provides funding for the production of rental and for-sale housing opportunities in order to create decent, safe and affordable housing for the citizens of Baltimore City.
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Offers support to the Department of Housing and Community Development (DHCD) on city-owned properties. In conjunction with the DHCD, the P&D consolidates joint ownership and redevelopment efforts of various city-owned and HABC scattered-site properties for the purpose of community revitalization and improvement. DHCD and HABC are working together to redevelop the following neighborhoods using a variety of financing sources such as the HUD Up-Front Grant, CDBG Funds, Home Funds, and the Capital Fund: