15-year plan aims to eliminate tens of thousands of vacant properties, restore neighborhood housing markets—making it the largest community investment initiative in the city's history

BALTIMORE, Sept. 24, 2025 /PRNewswire/ -- Amid a growing national housing shortage, Baltimore is leading the nation's most ambitious housing redevelopment program – supported by $1.2 billion in public investment commitments – and is aiming to leverage an additional $5 billion in private-sector financing, according to the Greater Baltimore Committee (GBC). This comprehensive, 15-year strategy will initially revitalize more than 37,000 vacant or at-risk properties, tipping market conditions for private development across an additional 33,000 houses and lots.

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