Governor Wes Moore today announced more than $125 million for State Revitalization Programs to support local housing, community and economic development, and other revitalization projects. Administered by the Maryland Department of Housing and Community Development, funding is available from seven programs including Community Legacy; Maryland Facade Improvement; Strategic Demolition Fund-Project C.O.R.E.; Strategic Demolition Fund-Statewide; Baltimore Regional Neighborhood Initiative; National Capital Strategic Economic Development Fund; and Seed Community Development Anchor Institution.
“We must ensure that our cities, towns, and communities are strong and resilient, serving as viable, vibrant economic and social hubs with pathways to opportunity for all Marylanders,” said Gov. Moore. “Our State Revitalization Programs foster partnerships with local governments and stakeholders and provide critical capital resources to address the unique redevelopment goals and challenges of Maryland’s diverse communities.”
Gov. Moore’s Fiscal Year 2025 budget includes the following funding:
- Community Legacy: $8 million capital
- Maryland Facade Improvement Program: $5 million capital
- Strategic Demolition Fund – Statewide: $10 million capital
- Strategic Demolition Fund – Project C.O.R.E.: $50 million capital for the historic acceleration for eliminating vacant properties in Baltimore
- Baltimore Regional Neighborhood Initiative: $20 million capital, $2 million operating
- National Capital Strategic Economic Development Fund: $19 million capital, $1,200,000 operating
- Seed Community Development Anchor Institution Program: $10 million capital
Applications are due on June 26 at 3 p.m. First-time applicants are advised to contact a regional project manager for more information and eligibility determination.
Click here to read the rest of the press release over at Maryland.gov
