The goal of urban renewal provides a means for public and private partnerships in urban developments which helps revive declining areas of the city and put these areas back into productive use creating profitable outcomes.
BALTIMORE, MD
The cycle of property sales and resales in the last 10 years have often benefited investors, hedge funds and young entrepreneurs. More than 15,000 sales in Baltimore City in 2018 involved non-owner-occupied properties (nearly 75 percent of all transactions). In today's market, there has been an increase in community development providing opportunities for property sales, rental housing and affordable home ownership opportunities.
The City of Harrisburg, in keeping with its ongoing efforts to serve all members of the community such as this one will also help to bring greater commercial development to the area including a pharmacy, and will aid efforts to reduce blight and crime in the neighborhood.