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Cambridge Proposes Land Bank Initiative to Tackle Housing Crisis

March 7, 2024

In a bid to combat the city’s housing crisis, officials in Cambridge are spearheading an initiative that could mark a pioneering move in Maryland. The proposed program centers around the establishment of a land bank, envisioned as the first of its kind in the state. The concept behind the land bank is to address the commonness and amount of vacant properties and buildings that plague Cambridge. City leaders estimate that there are over 1,000 vacant properties, contributing to the housing shortage gripping the area.

Article Source: WBOC

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