News Archive - MuniCap, Inc. https://www.municap.com/news/ Fri, 19 Sep 2025 15:31:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://website-media.com/municap-inc/municap-2024/2020/05/07113112/cropped-Municap-logo-32x32.png News Archive - MuniCap, Inc. https://www.municap.com/news/ 32 32 Baltimore Launches Grant Program to Revive Vacant Homes, Backed by $3 Billion Housing Plan https://www.municap.com/news/baltimore-launches-grant-program-to-revive-vacant-homes-backed-by-3-billion-housing-plan/ Fri, 19 Sep 2025 15:27:44 +0000 https://municap.com/?post_type=news&p=7286 Baltimore is taking aim at its longstanding problem of vacant homes with a new pool of grant money designed to entice developers and residents to rehabilitate abandoned properties. READ MORE

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]]> Baltimore is taking aim at its longstanding problem of vacant homes with a new pool of grant money designed to entice developers and residents to rehabilitate abandoned properties.

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]]> Baltimore Takes a Gamble to Reverse Decades of Neglect https://www.municap.com/news/baltimore-takes-a-gamble-to-reverse-decades-of-neglect/ Fri, 27 Jun 2025 17:18:28 +0000 https://municap.com/?post_type=news&p=6516 In the “birthplace of redlining,” an ambitious plan to promote homeownership and restore neighborhoods plagued by vacant houses is taking hold. READ MORE

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]]> In the “birthplace of redlining,” an ambitious plan to promote homeownership and restore neighborhoods plagued by vacant houses is taking hold.

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]]> First Ever Tax Increment Funding to Support $2.8 Billion Investment in East County https://www.municap.com/news/first-ever-tax-increment-funding-to-support-2-8-billion-investment-in-east-county/ Tue, 13 May 2025 13:00:51 +0000 https://municap.com/?post_type=news&p=6399 Montgomery County today announced the first-ever Tax Increment Financing (TIF) proposal to support the $2.8 billion Viva White Oak project — a transformative mixed-use development that will bring thousands of jobs, housing units, and new infrastructure to East County. READ MORE

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]]> Montgomery County today announced the first-ever Tax Increment Financing (TIF) proposal to support the $2.8 billion Viva White Oak project — a transformative mixed-use development that will bring thousands of jobs, housing units, and new infrastructure to East County.

READ MORE

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]]> T. Rowe Price opens its new headquarters at Harbor Point Baltimore https://www.municap.com/news/t-rowe-price-opens-its-new-headquarters-at-harbor-point-baltimore/ Mon, 17 Mar 2025 16:52:24 +0000 https://municap.com/?post_type=news&p=6365 T.Rowe Price opens its new $278 million headquarters in Baltimore on Monday, increasing downtown office vacancy rate to about 30%. The headquarters features flexible workspaces and modern amenities.

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]]> T.Rowe Price opens its new $278 million headquarters in Baltimore on Monday, increasing downtown office vacancy rate to about 30%. The headquarters features flexible workspaces and modern amenities.

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]]> Rethinking How TIFs Work: Innovative Financing Tool Addresses Blight to Boost Affordable Housing https://www.municap.com/news/rethinking-how-tifs-work-innovative-financing-tool-addresses-blight-to-boost-affordable-housing/ Tue, 10 Sep 2024 19:30:19 +0000 https://municap.com/?post_type=news&p=5721 Developers and casual visitors to Baltimore notice the eyesores that once-attractive houses—now empty and damaged—have become. The mismatch between discarded homes and the shortage of houses in the city, particularly for low-income households, frustrates housing advocates, city officials, and builders, as well as residents. Baltimore isn’t the only place facing such a challenge, though.

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]]> Developers and casual visitors to Baltimore notice the eyesores that once-attractive houses—now empty and damaged—have become. The mismatch between discarded homes and the shortage of houses in the city, particularly for low-income households, frustrates housing advocates, city officials, and builders, as well as residents. Baltimore isn’t the only place facing such a challenge, though.

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]]> Baltimore’s Vacant Properties Plan https://www.municap.com/news/baltimores-vacant-properties-plan/ Wed, 13 Dec 2023 16:53:15 +0000 https://municap.com/?post_type=news&p=5383 Baltimore Mayor Brandon Scott will unveil an ambitious $3 billion plan Monday to attack the city’s thousands of vacant properties, promising to address a decades-old problem with funding from a newly created Tax Increment Financing zone and a yet-to-be-secured state investment.  

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]]> Baltimore Mayor Brandon Scott will unveil an ambitious $3 billion plan Monday to attack the city’s thousands of vacant properties, promising to address a decades-old problem with funding from a newly created Tax Increment Financing zone and a yet-to-be-secured state investment.

 

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]]> Construction Begins at Allied | Harbor Point https://www.municap.com/news/construction-begins-at-allied-harbor-point/ Tue, 05 Dec 2023 13:48:23 +0000 https://municap.com/?post_type=news&p=5369 Jun 1 Beatty Development Group and Armada Hoffler announced today that construction activities are now underway for Allied | Harbor Point (formerly known as Parcel 4). The mixed-use development is tentatively planned to deliver by Spring 2024.

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Beatty Development Group and Armada Hoffler announced today that construction activities are now underway for Allied | Harbor Point (formerly known as Parcel 4). The mixed-use development is tentatively planned to deliver by Spring 2024.

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]]> Prince George’s tax subsidy worth $33 million to boost Oxon Hill mixed-use project https://www.municap.com/news/prince-georges-tax-subsidy-worth-33-million-to-boost-owon-hill-mixed-use-project/ Thu, 16 Nov 2023 18:18:47 +0000 https://municap.com/?post_type=news&p=5360 Local lawmakers in Prince George’s County have approved a tax incentive worth an estimated $33 million for a big mixed-used project in Oxon Hill, which in turn is hoped to spur further economic development in the area.

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]]> Local lawmakers in Prince George’s County have approved a tax incentive worth an estimated $33 million for a big mixed-used project in Oxon Hill, which in turn is hoped to spur further economic development in the area.

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]]> 76ers Up The Ante: Offer To Hand Over Land, Pay More Taxes To Get Arena Project Done https://www.municap.com/news/76ers-up-the-ante-offer-to-hand-over-land-pay-more-taxes-to-get-arena-project-done/ Mon, 14 Aug 2023 16:02:34 +0000 https://municap.com/?post_type=news&p=4740 The development arm of the Philadelphia 76ers publicly offered to give the land underneath its proposed arena to the city on Thursday in a deal it said could produce an additional $1B in tax revenue.

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]]> The development arm of the Philadelphia 76ers publicly offered to give the land underneath its proposed arena to the city on Thursday in a deal it said could produce an additional $1B in tax revenue.

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]]> Loudoun supervisors approve public financing structure to kickstart massive Rivana project https://www.municap.com/news/loudoun-supervisors-approve-public-financing-structure-to-kickstart-massive-rivana-project/ Fri, 21 Jul 2023 18:45:36 +0000 https://municap.com/?post_type=news&p=4723 Loudoun County lawmakers approved a public fi nancing mechanism to facilitate the recentlyapproved development of Rivana, concluding that without public help, the gargantuan,mixed-use project would die on the vine and deprive the county of hundreds of millions of dollars in new tax revenue.

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]]> Loudoun County lawmakers approved a public fi nancing mechanism to facilitate the recentlyapproved development of Rivana, concluding that without public help, the gargantuan,mixed-use project would die on the vine and deprive the county of hundreds of millions of dollars in new tax revenue.

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