| Ranking |
Good Idea |
| Description |
Come Home Baltimore has two arms working toward a common goal. The for-profit arm, Come Home Baltimore Fund, acquires neglected houses and reconstructs them into LEED-certified homes. Assistance in procuring financing and tax incentives and grants is provided to ensure that the homes are accessible and affordable to prospective buyers. The non-profit arm, Come Home Baltimore Foundation, encourages activism to build community within the neighborhoods, creating opportunities for residents to lend a hand in serving their neighbors. By pairing their efforts, these two arms are working to transform undervalued, underappreciated areas of Baltimore into low-crime, economically integrated neighborhoods, while avoiding gentrification trends that tend to push out long-term residents from a community. |
| Goal / Mission |
Come Home Baltimore is an initiative to develop "better than new" market rate housing and foster forward thinking and grassroots social change towards sustainable community development. |
| Results / Accomplishments |
As of January 2012, Come Home Baltimore has rehabbed 23 homes in the Oliver neighborhood of Baltimore. The company has invested $2.5 million in the neighborhood and expects to increase the total by $6-7 million over the next two years. The company has reached out to veterans through other non-profit organizations, and continues to help prospective buyers procure financial assistance to own a home. |
| Categories |
Economy / Homeownership
Social Environment / Neighborhood/Community Attachment
Environment / Energy & Sustainability
|
| Organization(s) |
Come Home Baltimore Fund & Come Home Baltimore Foundation |
| Date of Implementation |
2009 |
| Geographic Type |
Urban |
| Location |
City: Baltimore, MD |
| Primary Contact |
David Borinsky
4639 Falls Road, Suite 2
Baltimore, MD 21209
410-554-0000
info@comehomebaltimore.com
http://comehomebaltimore.com/
|
| For more details |
http://northbaltimore.patch.com/articles/come-h...
|
| Target Audience |
Adults, Families |
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