Baltimore HCD Proposes to Sell Vacant Properties for $1 Under Certain Conditions

In an effort to end protracted negotiations over often minuscule price differences, the Baltimore Department of Housing and Community Development wants to fix the sales price for city-owned vacant properties.

For a developer, a vacant house would go for a standard $3,000.

For a nonprofit, the price would be $1,000.

But for an individual or community land trust, the price would drop to $1.

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