How is the Affordable Housing TIF different?
It spans over 7,900 scattered vacant properties, doesn’t impose a special tax, and is open to all — including small developers, nonprofits, and individual owners — to promote equitable development.
The Affordable Housing TIF is unique in several ways:
Instead of a single, defined geographic zone, it spans more than 7,900 individual vacant properties scattered across Baltimore.
It doesn't impose a special tax.
It's open to all - not just one developer. This TIF supports equitable development through a broad range of partners, including small and emerging developers, community groups, and individual property owners who may own a vacant property in the TIF district.