1 month ago
Baltimore, Maryland, metropolis officials approved a programme that would sell city-owned vacant homes for adjacent to thing astatine $1 for immoderate applicable residents.
According to nan Department of Housing and Community Development (DHCD), nan Fixed Pricing Program was created to combat nan much than 13,500 homes successful Baltimore that are vacant.
City officials said Tuesday that conscionable complete 200 homes are presently successful nan program.
According to the DHCD, nan homes would only beryllium sold to individuals who are consenting to put their money successful fixing nan dilapidated homes.
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The charred beforehand of a vacant rowhouse is seen connected Furrow Street successful nan Carrollton Ridge vicinity successful West Baltimore, Md. (Jerry Jackson/Baltimore Sun/Tribune News Service via Getty Images / Getty Images)
Applicants must supply impervious that they person astatine slightest $90,000 to complete a renovation, arsenic good arsenic walk done an exertion vetting process.
Interested parties tin use opening April 1.
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The applicants will beryllium vetted by nan costs they person disposable for rehabilitation, their criminal history and if they person immoderate unfastened federal aliases state liens aliases judgments.
Officials said that nan metropolis would prioritize metropolis residents by giving them a 90-day model for privilege buying.
Developers would person to salary $3,000 per home, and truthful would ample nonprofits pinch 51 aliases much employees.
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Nonprofits pinch less labor could salary $1,000.
Fox News has reached retired to Mayor Brandon Scott for comment.
