Close Menu
BmoreNews.com
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
  • More
    • BEOs
    • HBCU
    • Africa/Caribbean
Trending
Go, Poets! Go!

Go, Poets! Go!

Larry D. Brown, Jr. Honored at Black Wall Street BENEDETTO 2.0 in Baltimore | Community Leadership & Housing Impact

Larry D. Brown, Jr. Honored at Black Wall Street BENEDETTO 2.0 in Baltimore | Community Leadership & Housing Impact

HONOREE FEATURE ARTICLE BMORENews.com | Black Wall Street BENEDETTO 2.0  | DANISE JONES-DORSEY

HONOREE FEATURE ARTICLE BMORENews.com | Black Wall Street BENEDETTO 2.0 | DANISE JONES-DORSEY

Facebook X (Twitter) Instagram
  • About
  • Advertise
  • Contact
Facebook X (Twitter) YouTube
BmoreNews.com
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
  • More
    • BEOs
    • HBCU
    • Africa/Caribbean
Newsletter
BmoreNews.com
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
Home » Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City
Business

Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City

Doni GloverBy Doni GloverJuly 7, 202551 ViewsNo Comments4 Mins Read
Share Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Copy Link
Follow Us
Google News Flipboard
Governor Moore Announces  Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City
The State awarded a total of $50 million to help redevelop neighborhoods with a high number of vacant properties. These communities have been prioritized due to their impressive redevelopment potential.

ANNAPOLIS, MD — Governor Wes Moore today announced $50 million in grant awards to support vacant property reduction efforts in Baltimore City through the Baltimore Vacants Reinvestment Initiative. The governor also announced a new Baltimore Vacants Reinvestment Initiative Support Fund, toward which philanthropic partners have contributed more than $1 million for technical assistance to support awardees. Today’s announcements marks an acceleration of the Moore-Miller Administration’s commitment to addressing the challenge of vacant properties in Baltimore City neighborhoods announced last year through the creation of Reinvest Baltimore.

“For this to be Maryland’s decade, it has to be Baltimore’s time,” said Gov. Moore. “We know that if we want to drive investment and growth in Baltimore City, we need to address its vacant housing crisis. And the future of these properties will be written in coordination with local leaders – because those closest to the problem are closest to the solution. Together, we will build a more vibrant, prosperous, and growing Baltimore for all.”

The State awarded a total of $50 million to help redevelop neighborhoods with a high number of vacant properties. These communities have been prioritized due to their impressive redevelopment potential. The funding has been targeted toward specific recipients with a record of success: $15 million will go to Baltimore City and the Maryland Stadium Authority to demolish, stabilize, and acquire vacant properties for redevelopment; $30 million will go toward 16 community development organizations; and $5 million that will go toward large, mixed-use projects from Fiscal Year 2025 to help carry them into their next phase.

For the full list of awardees, visit the Department of Housing and Community Development’s website.

“Our collective work to end vacants in Baltimore is built on a shared vision of investing in communities that have long been intentionally disinvested in,” said Baltimore City Mayor Brandon M. Scott. “Today’s announcement of the latest round of BVRI grants will accelerate our work to deliver on that vision and will propel our efforts to the next level. All of us — the community, the city, our institutional partners in BUILD and GBC, and the state under Governor Moore — have joined together in an unprecedented partnership, which is showing what is possible when we lead with collaboration and commitment to the same shared vision. Baltimore thrives when it receives the investment it deserves, and together we’ll ensure that our neighborhoods see the difference between the history of intentional disinvestment they’ve endured and the vision of the future we’ve laid out through this partnership.”

The governor also announced a new Baltimore Vacants Reinvestment Initiative Support Fund, a partnership to provide additional assistance to community development organizations as they deploy capital funds. Through a partnership with the Maryland Community Investment Corporation, more than $1 million in grants from philanthropic partners have already been approved for the fund.

Organizations including the Goldseker Foundation, the Annie E. Casey Foundation, the Abell Foundation, the Zanvyl and Isabelle Krieger Fund, the Middendorf Foundation, and the Robert W. Deutsch Foundation are supporting the Baltimore Vacants Reinvestment Initiative Support Fund.

“Philanthropic partners recognize that capital alone isn’t enough; expert guidance and gap resources are essential to community development organizations’ success,” said Goldseker Foundation President and Chief Executive Officer and Baltimore Vacants Reinvestment Council Member Matthew D. Gallagher. “The rapid assembly of this fund demonstrates how committed Baltimore funders are to matching the State’s pace and ambition.”

Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City (1)

Governor Moore’s announcement comes three months after award applications opened April 2, significantly accelerating the typical timeline of six months. This acceleration is part of a new vacancy reduction strategy through Reinvest Baltimore, established by the governor in an Executive Order in October 2024. Reinvest Baltimore emphasizes speed and scale in vacancy reduction through targeted investments, aiming to move at least 5,000 vacant properties into homeownership or other positive outcomes through Fiscal Year 2029.

“Vacant homes have held back Baltimore’s potential for far too long,” said Maryland Department of Housing and Community Development Secretary Jake Day. “These awards through the first accelerated round of the Baltimore Vacants Reinvestment Initiative will help us reinvigorate neighborhoods, attract new development, and build the Baltimore we all believe in—block by block.”

“For too long, historically redlined communities like those I serve in West Baltimore have been denied the investment and opportunity they deserve,” said Baltimore City Councilman James Torrence. “This initiative is about more than bricks and mortar—it’s about restoring dignity, reversing decades of disinvestment, and empowering our neighborhoods to thrive. I’m proud to stand with Governor Moore, Mayor Scott, community and our city and state partners as we work to build a more just, equitable, and vibrant Baltimore, block by block.”

Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleNHHM To Honor Kid ‘n Play, Jungle Brothers, DJ Red Alert, Dana Dane, Kwamé, Sweet Tee and DJ Hollywood, Aug. 23
Next Article Black Wall Street ATL 2025

Keep Reading

CHAOS OR COMMUNITY? Our Political Conversation at the Thurgood Marshall Amenity Center
April 18, 2026

CHAOS OR COMMUNITY? Our Political Conversation at the Thurgood Marshall Amenity Center

By Doni Glover
The Most Impactful Bills for Black Marylanders in the 2026 General Assembly Session
April 18, 2026

The Most Impactful Bills for Black Marylanders in the 2026 General Assembly Session

By Doni Glover
WHERE IS THE OUTRAGE? The Silence of Maryland’s Legislature on the Baltimore Collegiate School for Boys
April 18, 2026

WHERE IS THE OUTRAGE? The Silence of Maryland’s Legislature on the Baltimore Collegiate School for Boys

By Doni Glover
An Evening Fireside Chat with Larry Miller, Former CEO of Jordan Brand Save the Date & Sponsorship Opportunity
April 17, 2026

An Evening Fireside Chat with Larry Miller, Former CEO of Jordan Brand Save the Date & Sponsorship Opportunity

By Alexandria Warrick Adams
A Legacy Continues: Welcoming Kireem Swinton to the Helm of Visit Baltimore
April 13, 2026

A Legacy Continues: Welcoming Kireem Swinton to the Helm of Visit Baltimore

By Doni Glover
A Marine, A Councilman, A Contender: Pete Smith Sets His Sights on Anne Arundel’s Top Job
April 12, 2026

A Marine, A Councilman, A Contender: Pete Smith Sets His Sights on Anne Arundel’s Top Job

By Doni Glover
Add A Comment
Leave A Reply Cancel Reply

Latest News
Larry D. Brown, Jr. Honored at Black Wall Street BENEDETTO 2.0 in Baltimore | Community Leadership & Housing Impact

Larry D. Brown, Jr. Honored at Black Wall Street BENEDETTO 2.0 in Baltimore | Community Leadership & Housing Impact

HONOREE FEATURE ARTICLE BMORENews.com | Black Wall Street BENEDETTO 2.0  | DANISE JONES-DORSEY

HONOREE FEATURE ARTICLE BMORENews.com | Black Wall Street BENEDETTO 2.0 | DANISE JONES-DORSEY

Professional Boxing Returns to Downtown Baltimore April 25 at Hilton Inner Harbor

Professional Boxing Returns to Downtown Baltimore April 25 at Hilton Inner Harbor

Black Wall Street BENEDETTO 2.0 Honoree: Dionne Waldron McNeal

Black Wall Street BENEDETTO 2.0 Honoree: Dionne Waldron McNeal

Trending News
Meet Chrisean Rock: April 25th #boxing #uptonboxing #baltimore

Meet Chrisean Rock: April 25th #boxing #uptonboxing #baltimore

April 19, 2026
Chrisean Rock Admired by Youth’s Mom at Mack Lewis Gym

Chrisean Rock Admired by Youth’s Mom at Mack Lewis Gym

April 19, 2026
The Doni Glover Show: Interview with Dr. Alvin C. Hathaway Sr. | Thurgood Marshall Amenity Center

The Doni Glover Show: Interview with Dr. Alvin C. Hathaway Sr. | Thurgood Marshall Amenity Center

April 18, 2026

Subscribe to News

Get the latest Baltimore news and updates directly to your inbox.

Facebook X (Twitter) YouTube
2026 © BmoreNews.com. All Rights Reserved.
  • Doni Glover
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.