Vacants to Value Initiative

Vacants to Value Initiative DHCD launched Vacants to Value in November 2010 as a new integrated approach to address blight in Baltimore. Streamlining the sale of vacant city property.

Department of Housing & Community Development “Vacants to Value” Plan to Reduce Blight

A new integrated effort to reduce vacant housing and urban blight in Baltimore. As a result of one of the largest percentage declines in population among major U.S. cities from 1950 to 2000, Baltimore is now challenged with approximately 16,000 vacant buildings, roughly 25% of which are city owned. Baltimore H

ousing estimates that more than 5,700 of the vacant structures are in areas with existing or emerging development demand. Strengthening code enforcement efforts in transitional blocks and emerging markets to promote rehabilitation. Providing new, targeted incentives for homebuyers and developers who invest in vacant homes. The package of incentives includes a new $5000 forgivable loan program for City Police, Firefighters, and Teachers that purchase or rehabilitate vacant homes.

Address

417 E Fayette Street, Ste 1037
Baltimore, MD
21202

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30pm

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