Excerpt from Building Baltimore Together: The Impact of the CDC Neighborhood Exchange
We are excited to share this excerpt from a recent blog post that highlights Cherry Hill Development Corporation and the impactful work we’re doing in Cherry Hill. To dive deeper into the full story, be sure to read the full post through the link below.
CDC Highlights: From Vacancy to Opportunity
Many CDCs, including Cherry Hill Development Corporation (CHDC), Druid Heights CDC, Southeast CDC, Southwest Partnership and Park Heights Renaissance, are turning vacant and blighted properties into affordable homeownership opportunities.
Through their Blight Reduction Homeownership Initiative, CHDC completed the redevelopment of two properties, with plans to finish another three in early 2025. These five homes are a part of the first South Baltimore Community Land Trust homes. Through this initiative, CHDC can offer low-income Baltimore residents the opportunity to own fully renovated two-bedroom homes starting at just $99,000—a remarkable opportunity in today’s market.
CHDC has also identified first-time home buyer grants , and as a part of their commitment to preventing displacement of long-time residents, they work with partners like Healthy Neighborhoods and Maryland Volunteer Lawyers Service to provide door-to-door estate planning and home repair resources.
“Our organization may be small, but it is mighty,” says Lachele Kellam, Executive Director of CHDC. “We’re empowering Baltimore residents,
Kellam has taken advantage of all of Enterprise’s CDC sessions and additional one-on-one technical assistance. With that support, CHDC has identified their next phase of blight reduction, which includes nine additional vacant homes or lots that they will transform into green, energy efficient affordable homeownership opportunities. “This is a great space for leaders and Enterprise’s continued support is greatly appreciated,” Kellam shared.
Read the full article here: https://www.enterprisecommunity.org/community-highlights/building-baltimore-together-impact-cdc-neighborhood-exchange
Your support is a wonderful way to kickstart the year, and we are excited for the positive impact it will make. Together, we’re off to a great start!
CHDC has been instrumental in the creation of the South Baltimore Community Land Trust (SBCLT). SBCLT allows communities to acquire and hold buildings/land to ensure orderly development, eliminate blighting conditions, prevent gentrification and displacement.
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CHDC celebrates the completion of the 2 homes from the Blight Reduction Housing Initiative project with a Ribbon Cutting and Open House.
In the Blight Reduction Housing Initiative (BRHI), CHDC embarked on a transformative journey, strategically acquiring and planning to completely renovate five of the most dilapidated properties situated along the homeownership corridors within a quarter-mile radius of the community's newly established 21st-century schools. CHDC seeks to elevate property values for neighboring homeowners while fortifying and safeguarding the community's investments.
Monumental watershed initiative kicks off with support from Federal, State, and Local elected and appointed officials and partners.
Monumental watershed initiative kicks off with support from Federal, State, and Local elected and appointed officials and partners.
For the purpose of authorizing the Mayor and City Council of Baltimore to sell, at either public or private sale, all its interest in certain property that is located at 844 Roundview Road (Block 7622; Lot 002) and is no longer needed for public use; and providing for a special effective date.
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