People living in certain Baltimore neighborhoods–say, Canton, Locust Point, or Woodberry–might have noticed their rents going up a lot. A whole lot. Like a more than 100 percent increase since 2000.
The lot at the corner of Wolfe and Eager Streets sat vacant for years. Last week, that ground was broken.
All of a sudden, people everywhere have opinions about Baltimore–including the New York Times, which published a scathing Sunday editorial about the city’s problems that really didn’t pull any punches.
Affordable housing isn’t just good for cities, new research from Johns Hopkins says–it’s also good for children’s brains. According to Sandra Newman, a professor of policy studies, families that spend more than 50% of their income on housing, children’s cognitive ability shows a decline. The same is true when housing accounts for less than 20%. The sweet spot? “Families spending about 30 percent of their income on housing had children with the best cognitive outcomes,” Newman told the Hopkins Hub.
Mayor Stephanie Rawlings-Blake thinks that Fells Point’s historic police-station-turned-apartment-building reminds residents of the “charm we all love so much about Baltimore.” But hopefully some of that police-station mojo has been lost. I mean, who wants to spend the night there?
Originally envisioned as luxury condos, Fells Point Station opened as a mixed-income project (though their slogan is “the definition of luxury”). 70 percent of the one- and two-bedroom units are income-based (qualifying tenants pay 30 percent of their income); the rest are leased at market rate, between $900 and $1,400 a month.
In Baltimore, love can save you money. In fact, a casual sort of fondness can save you money if you think you can make it last the entire length of a lease.
Trulia.com computed what they call the “Shacking-Up Discount” — how much money you save trading in two 1-bedroom apartments for one two-bedroom apartment. In Baltimore, you save 38 percent in rent, a little higher than the national average. Then you can each keep a bedroom to yourself (!); or, if he or she doesn’t snore, you can share a bed and fight over who gets to turn the unused room into an office, yoga studio, craft room, place to store you collection of antique pie birds, or whatever.
3100 Evergreen Avenue, Glenham – Belford
5 bedroom(s), 2 bathroom(s)
LiveBaltimore is claiming a metered parking spot in front of its downtown office in the 300 block of N. Charles Street to create a temporary park as part of Park(ing) Day today, from 12 to 2 p.m., and it’s throwing a good old-fashioned birthday party in the “park” to celebrate 15 years of showcasing Baltimore as a great place to live. LiveBaltimore invites all city lovers to stop by during lunch to play Pin the Tail on the Donkey, wear a party hat, and devour a piece of birthday cake.