Baltimore Integration Partnership Update - July 2014

Baltimore Integration Partnership Update - July 2014

Baltimore City and Anchor Presidents Announce New Commitments

The Baltimore City Anchor Plan was signed Wednesday by Mayor Stephanie Rawlings-Blake and eight anchor institution presidents, solidifying a shared commitment to collaborate and align resources to increase public safety, local hiring, local purchasing, and quality of life. The plan details the anchors economic strength, community engagement, and development activities laying out a series of goals for the City, the anchors, and strategic partners to help move forward. Read the Plan

TRF Closes Financing on Centre Theater

The Reinvestment Fund closed on financing for the Centre Theater. The project is driven by the co-tenancy of the film programs of both The Johns Hopkins University and the Maryland Institute College of Art. The schools are partnering in a shared opportunity to meet their facility needs by making an intentional investment to anchor a catalytic real estate project in the revival of Station North. TRF provided New Market Tax Credits, bridge and permanent financing as well as a predevelopment loan to support this catalytic project led by Jubilee Baltimore.

Opportunity Collaborative Releases Workforce Barriers Report

This new study finds that a significant number of job seekers in the Baltimore region lack necessary workplace skills and must overcome multiple and complex challenges to find work, ranging from inadequate transportation to a criminal record. Among its recommendations, the study calls for increased funding for training and basic adult educational programs, improved public transportation to link low-income areas with employers and the development of new "pathways” to help lower-skilled job seekers find jobs and advance in family-supporting careers. Read the Report

EARN Grants Announced

Maryland Department of Labor, Licensing, and Regulation announced the first EARN implementation grants. The program, passed by the legislature in 2013 with support and advocacy from a range of BIP stakeholders, provides grant funding for industry led workforce training partnerships. Congratulations to DLLR for their leadership in moving this important program forward and all of the inaugural grant recipients. Read More

From the News Desk:

Contact Me With Questions:

ksommer@marylandphilanthropy.org

www.baltimorepartnership.org

410-727-1205

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