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Highlights of the Baltimore vacant rowhouse demolition, redevelopment plan

Governor Larry Hogan, along with Mayor Stephanie Rawlings-Blake, announced a partnership to demolish thousands of vacant buildings in Baltimore. Project C.O.R.E. is providing $94 million to help transform these neighborhoods. (Kevin Richardson)

Maryland Gov. Larry Hogan and Baltimore Mayor Stephanie Rawlings-Blake on Tuesday announced a $700 million plan to knock down vacants and rebuild in Baltimore's poorest neighborhoods.

Here's four key facts about what is being called Project C.O.R.E.

  • The plan calls for about 4,000 vacant properties to be demolished in Baltimore over four years at a cost of $94 million. Most of the money will come from the state.
  • The properties will first be turned into green space before redevelopment is explored.
  • The state, through the Maryland Stadium Authority, will offer an estimated $600 million in financing for developers to rebuild the blighted areas.
  • In West Baltimore’s Sandtown-Winchester neighborhood, where the program was announced, about 34 percent of rowhouses are vacant. Only Old Town and Greenmount East in East Baltimore have higher rates of vacant houses.
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