Review and approval of May Minutes
Nancy makes a motion to approve, Diana seconds
- Guest Speaker: Kareema Pinder, Director of Home Buying Center, NHS to discuss Homebuyers Club and mortgage products.
- Financial coaching
- Home Buyers Club – peer setting, getting prepared for home ownership
- Tours of areas of interest
- Money for down payment and closing costs (in-house and through partnerships) educates on City and State incentives
- Match Saving Program – help get into the habit of saving – match what you save
- Follow- up
- Kareema Pinder kpinder@nhsbaltimore.com 410-327-1200 ext 109
- Guest Speaker: Patrick Jordan from Enterprise Community on partnership with SWP
- Patrick, Jared, and Ashely
- End to end housing organization
- Increase housing supply
- Advance racial equity
- Build resilience & upward mobility
- Solutions- Programs, policy and capacity building
- Communities – developer
- Capital – debt, equity, pre-development funding
- Looking at how to better support the neighborhoods in a holistic way
- Looking at a more formal partnership i.e. MOU
- Next steps
- Conducting interviews in the community
- Strategy by end of summer for review
- Looking at supporting a housing plan with SWP
- Timeline needs
- Budget needs
- Guest Speaker: Carrie Baniszewski – Land Bank 101
- Worked in Indianapolis with land bank
- Vacant property- taxes still being paid (there isn’t a vacant building notice on every abandoned property)
- Abandoned property-taxes have not been paid
- Land bank is a public authority or nonprofit that gives opportunity for property for productive use
- Tax sale currently there is no vetting of buyers and it attracts investors
- Many aren’t local and only interested in profit
- Way for city to recoup tax revenue but it doesn’t address blight or the community
- How could it be different? And how could it work with SWP?
- Separate LLC created with own board
- SWP would take care of maintenance
- Pool of vetted developers to offer properties to for low to moderate income homeownership
- Gregg Mitchell- Ask city for exemption from property taxes history of Habitat doing this
- Typically Land Bank is tax exempt per Carrie but a lot of local advocacy is needed
- Challenges
- Costs
- Working with city regarding costs and tax exemptions
- Next steps
- More in depth presentation
- Discussion
- Land Bank v Land Trust
- Consideration of commercial properties
- Community ownership of processes
- Importance of housing plan!!!
- Reconvening Neighborhood Marketing Work Group
- Creating working group of Housing, Commercial and Historic Preservation Group
- If interested, please reach out to Carrie!
- Summer Schedule – July meeting cancelled
Old Business
- Poe Homes
- Next community meeting June 16th at 6:30
- BDC will present revised proposal for capital projects
- Next community meeting June 16th at 6:30
- Homeownership Zones/NHS Partnership/LEDC
- Tax Sale Program
- Homeownership Work Group
- Homebuyers Club
- NHS Homeownership Pop-ups
New Business (Community Updates)
- Poppleton – Juneteenth event the 19th
- Rebuilding Together – still accepting applications
- Habitat – 1100 Ward St 3 houses
Nancy makes motion to adjourn the meeting, Dotie seconds
