The Dundalk Renaissance Corp. has been awarded $912,000 from the Maryland Department of Housing and Community Development.
The awards were announced on Monday as a part of the housing department's new Baltimore Regional Neighborhoods Initiative, according to a statement from state officials.
Maryland House of Delegates Speaker Michael E. Busch and Housing and Community development Secretary Raymond Skinner announced a total of $3.75 million to be shared by four nonprofit organizations that have "developed comprehensive strategies for new housing and commercial investment," according to the statement.
"These grants support innovative and forward-thinking approaches to neighborhood revitalization in Baltimore city and Baltimore County that other communities across the region and our state can emulate," Busch said in the statement.
The grants will "demonstrate the power of investing in existing historic communities with strong community networks," Skinner said.
Dundalk was the lone Baltimore County recipient of the funds. Organizations in central and southeast Baltimore city and Reservoir Hill also received grants.
Of the $912,000 awarded to the DRC, $467,000 is allocated to its Renovated Homes Market Boost program; $250,000 for home renovation loans; $155,000 for operational support; and $40,000 for its Energy Retrofit Grant program.