Ground has been broken, buildings are being leveled and local leaders anxiously wait to see the fruits of a 10-year project to revitalize the Middle East Baltimore community as part of the East Baltimore Redevelopment Plan.
Some of the project?s success thus far is linked to the U.S. Treasury’s New Market Tax Credit program, aimed at providing incentives for businesses to invest in low-income communities, said Jack Shannon, president of East Baltimore Development, Inc.
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