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Mayor Pugh and Commissioner Braverman Participate in Project C.O.R.E. Community Forum

On July 11, 2017, Mayor Catherine E. Pugh and Housing Commissioner Michael Braverman joined Lt. Governor Boyd K. Rutherford, Maryland Department of Housing and Community Development Secretary Kenneth C. Holt, and Maryland Stadium Authority Senior Vice President Gary A. McGuigan, Baltimore City officials and community partners for a Project C.O.R.E. community forum hosted by the Lt. Governor at Coppin State University in West Baltimore.

"Community engagement is a key element of Project C.O.R.E.," said Lt. Governor Rutherford. "I wanted to hold this forum with stakeholders and community members to highlight the progress our administration, along with our partners in the city, have made under Project C.O.R.E., and hear directly from people in the community about how we can continue to do even more to eliminate blight in Baltimore City. The feedback we have received tonight and throughout this process has been invaluable, and I look forward to holding another forum in East Baltimore later this year.”

The Lt. Governor and Mayor provided remarks about the project and participated in a panel discussion along with Secretary Holt and Senior Vice President McGuigan. In addition, Secretary Holt provided an overview of several redevelopments that are using Project C.O.R.E. funding, such as Walbrook Mill, which will transform from an abandoned lumberyard into a new community with multifamily housing, retail, and office space.

"Project C.O.R.E. has enhanced the blight elimination and revitalization efforts underway in Baltimore, helping to spur new investment throughout the City," said Mayor Pugh. "Baltimore's next renaissance will include historic corridors like Baltimore's West Side, and it is through coordinated efforts, such as this, that we can transform neighborhoods into thriving redeveloped communities that offer safe and healthy housing for Baltimore families."

Project C.O.R.E. (Creating Opportunities for Renewal and Enterprise) is a multi-year, multi-hundred-million dollar initiative launched in 2016 by Governor Larry Hogan in partnership with Baltimore City to demolish vacant and derelict buildings and replace them with green space or the foundation for redevelopment. The Maryland Stadium Authority serves as the project manager and is responsible for overseeing the vacant structures jointly identified for removal by Baltimore City and state authorities. Total estimated funding for the demolition portion of the project includes $75 million from the state and in-kind administrative services from the City of Baltimore, equivalent to $1 for every $4 allocated by the state. In addition, the elimination of blighted portions of the city are being supported by more than $600 million in financing opportunities through the Maryland Department of Housing and Community Development. Since the launch of the initiative, 865 blighted units have been removed and 1,303 units are planned to be rehabbed or developed. As of January 1, 2017, over $18.6 million has been awarded to projects, which will serve as a catalyst for an additional $285 million investment from public, private, and nonprofit development centers.

For more information about Project C.O.R.E., visit http://dhcd.maryland.gov/ProjectCORE/Pages/default.aspx

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