Mayor Young and DHCD Announce $3.3 Million in Capital Grants
Friday Sep 27th, 2019
Mayor Bernard C. “Jack” Young and the City’s Department of Housing & Community Development (DHCD) named 25 grant awards today under the Community Catalyst Grants (CCG) Program. The grants, which total $3.3 million, are expected to help leverage over $52 million in development activity across Baltimore neighborhoods.
The CCG program is designed to support neighborhood-led community revitalization efforts. The program provides both operating support and capital funds to neighborhood-based partner organizations. The initial phase of CCG – a competitive awards program – provided $2 million in operating funds for neighborhood-based partner organizations. These capital dollars are the first round of funds provided to be used for acquisition, gap financing, cooperative economic enterprises, loan funds and planning efforts.
CLICK HERE to view the list of capital fund recipients.
CLICK HERE to view the event presentation slides.