BALTIMORE - Gov. Martin O'Malley announced today that 13 projects throughout the state will receive $5 million in revitalization assistance.
The money came from the state's Strategic Demolition and Smart Growth Impact Fund.
One of the projects include a $300,000 grant for the demolition of 14 vacant buildings in Baltimore City's Old Town Mall district near the Inner Harbor.
These funds are projected to leverage an additional $292 million in public and private investments to support revitalization activities. For this fiscal year, the department received approximately $13.5 million in funding requests for 30 projects.
Established in 2012 and administered by the Maryland Department of Housing and Community Development, the Strategic Demolition and Smart Growth Impact Fund program is part of the state's PlanMaryland strategy to accelerate economic revitalization of designated Sustainable Communities through coordinated investment and alignment of public resources to leverage private investment.