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Saturday, November 23, 2024

State awards $3.2 million for Strategic Demolition Fund

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The goal of the fund is to acquire and demolish neglected buildings in poor condition and then redevelop the site. | File photo

The goal of the fund is to acquire and demolish neglected buildings in poor condition and then redevelop the site. | File photo

More than $3.2 million has been awarded for 13 projects in nine counties via the Strategic Demolition Fund.

Maryland Department of Housing and Community Development Secretary Kenneth Holt made the announcement during the groundbreaking ceremony for the Velocity Center in Indian Head. Gov. Larry Hogan said the program and the grant awards show his administration's dedication to improving the community

"We are committed to providing opportunities for neighborhoods across the state to rehabilitate or demolish blighted structures in order to help them revitalize and flourish for years to come," Hogan said in the news release.

The goal of the fund is to acquire and demolish neglected buildings in poor condition and then redevelop the site. There are 30 applications requesting funding for projects in the amount of nearly $10 million.

Hogan's Project C.O.R.E. initiative provides funding for the demolitions in Baltimore City. It has already provided more than $30 million in support of projects.

Holt said removing the neglected properties is necessary for "neighborhood revitalization" and can often be a challenge in some communities. “The Strategic Demolition Fund assists with this critical need, providing a clean slate for positive redevelopment," Holt said in a news release.

Maryland Department of Commerce Secretary Mike Gill said the state's support for the Velocity Center helps to advance the community's progress.

Allegany County received funds in a total amount of $275,000 for two projects; Anne Arundel County received $350,000 for one project; Caroline County received $100,000 for one project; Carroll County received $100,000 for one project; Charles County received $550,000 for one project; Dorchester County received a total of $410,000 for three projects; Kent County received $500,000 for one project; Talbot County received $175,000 for one project; and Washington County received $825,000 for two projects.

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