Baltimore City Question C - Bond Issue - Community and Economic Development Loan
Source: elections.maryland.gov
What does this measure do?
Supports: Housing Affordability, Public Infrastructure
Opposes: Government Spending Reduction
Baltimore would borrow up to $50 million for community and economic development: removing blight, improving neighborhoods, streets, and parks, and offering loans or grants for housing, business growth, jobs, and home repair. City taxpayers would repay the bonds over time.
Read the official ballot measure
Proposed by: Baltimore City Council (Ordinance 26-110, Council Bill 26-0181, for the Mayor's administration)
The elected City Council passed the law at the Mayor's request. It would let the city borrow money. Maryland law says Baltimore voters must approve city borrowing.
Source: baltimore.legistar.com
A YES vote means
The city could borrow up to $50 million for neighborhood, housing, and business development programs, repaid by city taxpayers.
A NO vote means
The city could not borrow this $50 million for community and economic development.
No financial records found for this ballot measure.
Source: elections.maryland.gov
Source: baltimorecity.gov