Baltimore City’s distribution of tax credits is both inefficient and highly skewed in favor of wealthier neighborhoods, according to a review of the city’s tax credit programs by the city’s Bureau of the Budget and Management Research. Developers and homeowners in economically strong neighborhoods such as Canton and Riverside received a disproportionate share of the $126.7 million granted by the city in property tax breaks this year, the report found, while many historically neglected neighborhoods received little of that investment.
