Page 8 - September Impression
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SCATTER
Johns Hopkins expands borders of Live Near Your Work program
Census data shows that Baltimore’s population Since its inception, the university and medical
has fallen every year for the last four years, school have helped create the most homebuyers
including a decline of 7,346 people, or 1.2% of in the program. Altogether the program has
city residents, last year alone. In an effort to already benefited 1,100 employees with more
promote homeownership in Baltimore and than $8.2 million in total grants. 90 percent of
strengthen neighborhoods near its campuses, those participants have used the program to buy
Johns Hopkins University and Medicine are their first homes.
expanding the boundaries of eligible territories With the expansion, such East Baltimore
included in their Live Near Your Work program neighborhoods as Belair-Edison, Coldstream-
to include swaths of central Baltimore between Homestead-Montebello, Darley Park, Midway,
the Homewood and Bayview campuses.
Johnston Square, Mayfield and South Clifton
The long-running city program offers incentives Park join the program. The newly-included
as high as $17,000 dollars, with the average for neighborhoods offer affordable housing for
Johns Hopkins employees being $10,000 middle-class families and individuals who
dollars. The amount of the incentive depends on otherwise would not be able to take on
where an employee of a participating mortgages.
organization chooses to buy.
