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Project 5000
Our Goal:
An innovative and ambitious effort to return 5,000 vacant and abandoned properties to productive use
The Plan:
 Aggressively seek tax sale foreclosures, quick-takes, and traditional acquisitions
Transfer vacant HABC properties
Increase capital bond authority from 45 to 60 million
Direct more than 1/3 of that to housing and community development projects
Call on law firms and title companies to help clear title
Call on local businesses and Realtors to discount services
Our
Progress:
6,100 acquisitions completed
Five-fold increase in
number of annual acquisitions and dispositions
Average acquisition time reduced
from 18 months to 8
Reorganized and professionalized the dispositions unit
Mapped every city property using GIS technology
Targeted disposition to areas that will support future development
Using conveyance to support local efforts and nonprofits
Outsourced Realtor services through Project SCOPE and enhanced planning efforts
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Available Properties |
| Project 5000
is not just about acquiring vacant and abandoned houses.
It's also about getting those properties back into productive
use. To that end, Baltimore Housing has established an
aggressive schedule to hold competitive offerings for
all City-owned property, including those properties acquired
through Project 5000. Click
here to see what's available. |
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We had help
Thanks to local partners, the City saved over $5 million in
litigation services
Ballard, Spahr, Andrews & Ingersoll, LLP has accepted
126 cases, saving $250,000
Chicago Title, supplied half-priced judgment reports,
saving $62,000
The Daily Record discounted publishing costs, saving
$1.4 million
Courts waived filing fees, saving $340,000
Sheriff Office waived posting fees, saving $93,000
You can email
the project staff at or call (443) 984-1645.
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