TOWSON, MD—Governor Wes Moore has announced $129.5 million in Fiscal Year 2025 awards to support seven state revitalization programs, funding 304 projects in communities across the state. The funding, administered by the Maryland Department of Housing and Community Development, aims to revitalize communities and address disinvestment.

Among those investments is a $500,000 award for “acquisition of a dilapidated Days Inn Hotel to be demolished and redeveloped into a 122-unit multi-family community.”  The property in question is located at Loch Raven Overlook in Towson.

The Essex Development Corporation will also receive $200,000 toward the Facade Improvement Grant Program.

Moore emphasized the importance of supporting revitalization efforts, stating, “For Maryland to win the decade, we must transcend the status quo and continue our work to improve communities across the state. From creation of affordable housing and community space to improvements to streetscapes and infrastructure, vibrant, revitalized communities not only make Maryland a desirable home for all; they are the cornerstone for a better Maryland.”

The Strategic Demolition Fund, a program focused on accelerating economic development and job creation, awarded $10.7 million to 33 projects statewide. These projects include transforming the dilapidated Towson Days Inn Hotel into a 122-unit multi-family community. In Charles County, a vacant building at 4145 Indian Head Highway will be revitalized to house a new grocery store. Prince George’s County will see the Cheverly Hospital demolished and redeveloped into a mixed-use community. The Henry Hotel, a local African American heritage site in Worcester County, will also undergo structural and exterior improvements to preserve its historical significance.

“This year’s investment of more than $129 million is more than double our Fiscal Year 2024 awards, thanks to Governor Wes Moore and our partners in the General Assembly,” said Maryland Department of Housing and Community Development Secretary Jake Day. “These revitalization awards infuse critical and needed dollars directly into communities, all to serve the Marylanders who live, work, and play there. Working with our partners to bring these projects to life stimulates other public, private and nonprofit investment to revitalize communities, a chain reaction that leads directly to community improvement.”

See FY25 State Revitalization Program Awards for a full list of awards (PDF).

This article was written with the assistance of AI and reviewed by a human editor.

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