NEWS
By Liz F. Kay | November 9, 2008
THE PROBLEM : The roadway behind the Power Plant lacks barriers along the Inner Harbor. THE BACKSTORY: Downtown workers got a telling demonstration of how important it is to take care when driving near the Inner Harbor. On Oct. 30, eyewitnesses say the driver of a Lincoln Navigator drove at high speed down Market Place, across Pratt Street behind the Power Plant and right off the pier. The driver got himself out of the SUV, and firefighters spent the morning removing the vehicle from the water.
NEWS
July 29, 2008
The housing rescue act signed by President Bush yesterday won't bring an end to the national foreclosure crisis, but it does take crucial steps to help lessen its impact in Baltimore and across the nation. Most important, the legislation protects the liquidity of Fannie Mae and Freddie Mac, the lending giants that hold or insure nearly half of America's mortgages. Nobody likes bailing out these federally chartered lenders. But Federal Reserve oversight will ensure that mortgage money will continue to flow, nationally and around the world, a vital condition for a housing recovery.
NEWS
By Jamie Smith Hopkins | January 15, 2008
The National Association of Realtors' chief economist told local real estate agents yesterday that he believes the Baltimore housing market has hit bottom and 2008 should be a better year - assuming buyers don't sit on the sidelines, anticipating major price drops. "This area will be very interesting to watch because there's very solid economic growth, but people aren't buying homes," said Lawrence Yun, the economist. He added: "Ten years from now, people will look back at 2008 and say, `Wow, that was a great time to become a homeowner.
NEWS
By John Fritze | November 30, 2007
The city agency that oversees Baltimore development has received a subpoena from the Maryland state prosecutor's office, which has been conducting an investigation into spending practices at City Hall. The Baltimore Development Corp., an arm of city government that brokers land deals on behalf of Mayor Sheila Dixon's administration, has been ordered to hand over documents by the end of next month, a top city lawyer told The Sun yesterday. City officials would not disclose the contents of the subpoena, but it was issued days before prosecutors raided the offices of a prominent development firm, Doracon Contracting Inc., in what appears to be a widening investigation into city government spending.
NEWS
August 18, 2007
Advocates for the disabled announced yesterday that 756 people are in line to share $1 million from the settlement of a Baltimore housing discrimination lawsuit. A victims' compensation fund was established as part of a landmark 2004 settlement in a lawsuit alleging that thousands of people with disabilities were intentionally or illegally excluded from public housing. Other terms of the settlement, worth more than $100 million, include development of more than 1,000 units of public housing accessible to people with disabilities and a program to help them obtain housing.
NEWS
By Eric Siegel | May 24, 2007
The rowhouse fire in East Baltimore that claimed the lives of six people and left seven injured highlighted a hidden problem of Baltimore housing: poor families who are unable to find or afford decent shelter banding together under one roof. Advocates said yesterday that the problem is the result of an acute shortage of adequate housing for the city's neediest residents. They pointed out that the Housing Authority of Baltimore City's inventory has declined by more than 5,000 units in the past 15 years, and that as many as 3,000 other federally subsidized units have been lost during that time.
NEWS
By Brent Jones | October 26, 2006
Baltimore housing officials plan to begin demolition of an abandoned West Baltimore apartment complex today despite protests from Legal Aid Bureau lawyers who have filed a lawsuit on behalf of former tenants. Yesterday, the mayor's office issued a news release on the demolition of the Uplands Apartment complex in Southwest Baltimore. Today's ceremony calls for a news conference for elected officials, including Mayor Martin O'Malley, the Democratic candidate in the gubernatorial race. City housing officials said yesterday that they had the power to move forward with the demolition, but their position was disputed by a spokesman for Legal Aid. The spokesman said the city did not notify Legal Aid about the demolition, and once it found out about the city's plans, it asked a mediation judge to restrict the demolition to one building until the lawsuit is settled.
NEWS
October 6, 2006
New housing data released this week by the U.S. Census Bureau confirm what Maryland residents and other Americans already know: People are feeling the pinch of rising housing costs in the rental and sales markets. It's really starting to hurt, and those hurting most are moderate- and low-income families. According to a nationwide community survey conducted by the Census Bureau, 45.3 percent of the state's renters spent at least 30 percent of their income on rent last year and thus bypassed the affordability threshold.
NEWS
By JOHN FRITZE | June 11, 2006
Baltimore's public housing authority never should have been permitted to join a program to ease controls on its spending because officials failed to hold a required public hearing, a federal oversight agency has ruled in a scathing audit. Since July, the Housing Authority of Baltimore City has been part of a federal pilot program called Moving to Work, which allows 27 city and state housing agencies to waive restrictions that dictate how millions in federal housing money must be spent.
NEWS
By LAURA VOZZELLA | May 25, 2006
A group aiming to turn Washingtonians into Baltimoreans hopes a little inside-the-Beltway humor will do the trick. "NSA records indicate you're making a lot of calls to Baltimore," reads a new ad from the Live Baltimore Home Center. "Why don't you just move here?" A photo of President Bush talking on the phone also appears in the ad, which was placed in Express, a free newspaper geared to Metro riders and put out by The Washington Post. "If we don't get audited by the IRS, it will be pretty good," said Tracy Gosson, executive director of the center, who dreamed up the pitch to promote an event the organization is putting on in Greenbelt on Wednesday.