Business & Tech
Howard Bank Donates $500,000 to the Central Baltimore Future to Revive Maryland Neighborhoods
'These neighborhoods are vital to the future of Baltimore.' — Howard Bank President and CEO Mary Ann Scully
Howard Bank, a growth-focused community bank serving businesses, professionals and individuals in the Greater Baltimore area, has partnered with the Central Baltimore Future Fund contributing $500,000 to help revive and redevelop 10 area neighborhoods.
The bank’s contribution will be part of a $10.2 million campaign targeting the communities of Abell, Barclay, Charles North, Charles Village, Greenmount West, Harwood, Oakenshawe, Old Goucher, Remington, Wyman Park and one commercial district, Waverly Main Street.
The money will support initiatives that include clean and safe neighborhoods, blight elimination and housing creation, public education, commercial and retail development, local hiring and purchasing, and workforce development.
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“These neighborhoods are vital to the future of Baltimore,” said Howard Bank President and CEO Mary Ann Scully. “While they are vibrant, growing and attracting new businesses, they need continued support to guarantee success. We are pleased to work with the Central Baltimore Future Fund and other lenders in this important effort.”
In 2006, the Central Baltimore Partnership (CBP) was formed to revive Baltimore communities and support and grow stakeholders in the area. The CBP launched the Central Baltimore Future Fund initiative to help form strategic partnerships with neighborhood organizations, non-profits, educational institutions, businesses and government agencies to help target communities grow. The Fund is formerly known as the Homewood Community Partners Initiative (HCPI).
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“The Central Baltimore Future Fund is an effective organization because it is able to focus on the needs of the communities at a grassroots level,” said John Wascowicz Howard Bank’s Senior Vice President and Relationship Manager. “The Fund is able to distinguish the needs of each region and develop comprehensive plans to support them. We are certain our contribution will have a lasting impact on the future of these communities.”
For more information about The Central Baltimore Partnership and their initiatives, visit: http://www.centralbaltimore.org.
