HABC annual report - Page 4



BALTIMORE CITY: OUR CHALLENGES WITHIN
Baltimore City, like many of America’s older industrial cities, has experienced major economic and demographic changes over the last 50-plus
years. Decades of disinvestment and
population decrease in the city have
resulted in vacant and abandoned
properties, neighborhood decline
and weakened housing markets, as
well as increased poverty and unemployment rates. In addition, almost
half of the entire housing stock in
Baltimore is nearly 80 years old or
older.
By comparison, just over 10% of the
housing in Maryland and in the country as a whole was built in or before
1939. However, depopulation, abandonment and disinvestment are not
uniformly distributed throughout the
city. Consequently, market strength
varies widely, sometimes within just
a few blocks. Community development efforts in Baltimore over the
years have focused on identifying
and building upon emerging mar-
kets, eliminating pockets of blight,
preserving housing affordability and
supporting redevelopment efforts
that create housing opportunities for
people of all income levels. Using
these strategies, Baltimore continues
to make progress in its effort to move
forward, prioritizing investment in
neighborhoods that have experienced years of neglect and creating
new prospects for residents that will
allow the city to thrive.
The agency is staffed by approximately 730 employees and its Fiscal
Year (FY) 2018 capital and operating
budget combined was approximately
$341.6 million. HABC is a designated Moving to Work (MTW) agency,
which is a program that provides
public housing authorities with the
flexibility to use innovative, locally designed strategies to increase
self-sufficiency and improve housing
choice for low-income families.
The Housing Authority of Baltimore City (HABC) was established
in 1937 to provide federally funded
affordable housing opportunities
and related services to Baltimore’s
low-income residents. Serving nearly
20,000 households through its Public
Housing and Housing Choice Voucher programs, HABC is in the top ten
largest public housing authorities in
the country and is Baltimore City’s
largest provider of deeply affordable
housing.
HABC works in close collaboration
with City agencies, local nonprofits,
private developers and many other partners to revitalize Baltimore’s
neighborhoods and improve the
quality of life in the city’s communities.
Baltimore City’s east side skyline. (Latrobe, Douglass Homes, Perkins Homes and Monument East are HABC Properties in close proximity)
3

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