Construction of a new public school in East Baltimore may be partially funded with Tax Increment Financing bonds earmarked for demolition of vacant row houses in Middle East, according to officials involved in the redevelopment. The $50 million East Baltimore ...Read More »
A task force studying public financing for large city developments on Tuesday debated how to prioritize such projects to share the wealth across Baltimore’s communities. The Task Force on Baltimore City Public-Private Development Financing Efforts is expected to release a ...Read More »
The task force studying the need for public subsidies to private developers in Baltimore started to get to the heart of the matter this week — disclosure and accountability. The group spent nearly two hours debating how financing tools like ...Read More »
Police officers face charges Seventeen Baltimore police officers and two brothers who own Majestic Auto Repair Shop were charged Wednesday on allegations of arranging for the company to tow vehicles from accidents even though the company lacked the necessary city contract, ...
Tagged with: Attorney Grievance Commission Baltimore Police Department corruption gay marriage highway ICC maryland Maryland Office of the Public Defender proposal same-sex marriage TIF Week in Review wind power zuckerman spaederRead More »
A city task force examining the need for public subsidies to developers debated whether to hold businesses more accountable for those tax breaks through audits and increased transparency during a heated meeting Tuesday. The task force, formed by City Councilman ...Read More »
DAY 1: A dream derailed The nation’s largest urban redevelopment, a projected $1.8 billion effort to transform 88 acres of East Baltimore into a world-class biotech park and idyllic urban community, lies derailed amid vacant lots, boarded houses and unfulfilled ...Read More »
What is a TIF? The acronym stands for Tax Increment Financing, a little-understood form of public investment in urban redevelopment now favored by the city of Baltimore. When City Hall approves a TIF to help finance a new development, bonds ...Read More »