Baltimore City Question CBond Issue – Community and Economic Development Loan
What your vote means
A YES vote lets the city borrow up to $50 million for neighborhood and economic development, such as clearing blight and giving loans or grants to businesses and homeowners.
A NO vote means the city cannot borrow this $50 million.
Our one-line summary of the official wording.
In plain words
Our summary of the official materials and local reporting.
- Allows borrowing up to $50,000,000 to buy and develop property, remove blight, improve middle neighborhoods and shopping streets, and make loans or grants for businesses, home repair, homeownership, culture and tourism. source: elections.maryland.gov
- Part of a four-question package (A-D) of about $280 million. source: baltimorechronicle.com
- The question does not set a new tax; repayment comes from the city budget over time. source: baltimorechronicle.com
Cost: Up to $50,000,000 in borrowing, paid back from the city budget with interest. The question does not set a new tax rate (Baltimore Chronicle).
Why people want it, and why others object
Why this is on the ballot
- Approved for the ballot by the Planning Commission, Board of Finance, Board of Estimates, city's Annapolis delegation and City Council. source: baltimorechronicle.com
Why supporters want it
No public statement found.
Why opponents object
No public statement found.
Who backs each side
No public record found of a campaign committee or campaign money for either side.
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
What you will see on your ballot
Official ballot wording, word for word (tap to open)
Word for word from the State Board of Elections' official Baltimore City ballot: elections.maryland.gov .
Bond Issue Community and Economic Development
Loan Question C authorizes the City to borrow up to $50,000,000 to be used for the City's economic development program. The money may be used to acquire, develop, and dispose of property in the City for this purpose, along with related costs. The money may be used to eliminate unhealthy and unsafe conditions, including blight, and to create healthy, sanitary, safe, and green conditions in the City. It may be used to stabilize and improve middle neighborhoods and neighborhood retail corridors, as well as to improve land, buildings, streets, highways, alleys, sidewalks, utilities, parks, recreational land or facilities, and other structures, including all related costs. The money may also be used as loans or grants to develop, improve, or construct buildings in the City for residential or commercial purposes, and as loans or grants for growing businesses, attracting and retaining jobs, encouraging homeownership, providing home repair assistance, promoting economic inclusion, achieving whole-block outcomes, improving the City's cultural life, and promoting City tourism. Voting for this amendment allows the City to borrow this money. Voting against the amendment means the City is not allowed to borrow this money.
- For
- Against
Latest news
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