Many middle neighborhoods — those that are neither severely distressed nor rapidly improving — are seeing new development and rising property values. This tax credit helps to stabilize communities and is recognized as visionary by leaders in other cities.
We are leaders of non-profit organizations dedicated to helping Baltimore neighborhoods remain strong, safe and attractive places to live. We work to attract new homeowners and help long-time residents stay in homes they can afford. The Homestead Tax Credit is a simple and effective program. It is a critical safeguard to ensure that increased property taxes don’t harm existing residents.
Mark Sissman and Will Smith, Baltimore
The writers are president of Healthy Neighborhoods, Inc. and executive director of the Belair-Edison Neighborhood, Inc.
The letter was also signed by Mark Washington, executive director of the Coldstream Homestead Montebello Community Corp.; Lisa Budlow, CEO of Comprehensive Housing Assistance Inc.; Regina Lansinger, executive director of Hamilton Lauraville Main Street; Charles B. Duff, president of Jubilee Baltimore; Don Akchin, co-chair of the Reservoir Hill Improvement Council; Kari Snyder, executive director of the Southeast Community Development Corp.; and Karen Stokes, CEO of Strong City Baltimore