BALTIMORE — A Boston group is contributing toward a local effort to buy and rehab properties along York Road in northern Baltimore City.
Boston’s Local Enterprise Assistance Fund is helping with a $100,000 loan to the nonprofit Invest York Road, which has been seeking to buy and restore two or three commercial buildings between 42nd Street and Northern Parkway.
It’s the “first community ownership program in Baltimore” for the Boston group, announced Baltimore Community Foundation.
It’s also the latest burst of investment in the city’s stretch of York Road, which has a number of blighted and vacant properties, and has long suffered from an economic downturn and crime, including shootings.
RELATED |Inaugural York Road Music & Arts Festival hopes to unite North Baltimore
Baltimore Community Foundation wrote in a recent blog post:
Invest York Road was created in 2019.
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