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Odette Ramos

Odette Ramos

Member of the Baltimore City Council

Oct 20, 2026

14:41
What are some of the other considerations that folks would have to think about?
14:44
Yeah, so revenue, definitely.
14:46
But the changes that we made to the state land bank law several years ago was to allow for the land bank to sell properties and keep the revenues for there.
14:55
So it's not a lot of money, but it's some, right? And that could be one source.
15:00
We do see in other cities that they have... other ways of financing.
15:06
So for instance, if somebody sells a vacant property and it gets rehabbed, then the difference in the values and the tax revenues from when it was vacant to when it's rehabbed, that difference goes back to the land bank for a certain amount of time.
15:20
And that's also been a funding source.
17:48
What are some of the quick things you'd say, things that they should be looking at right off the bat to make sure that you're creating, again, an accountable, transparent process to do this kind of work?

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