Real Estate Development
Developing and Improving Community Housing
Imagine a city strengthened through the vision of new communities. To ensure Baltimore City’s future, we want to create and build up neighborhoods so that our neighbors can thrive in peaceful settings and have a place to call their own. GEDCO’s contributions to real estate development have strengthened Baltimore as a whole.
GEDCO collaborates with other neighborhood groups, non-profits, and for-profit organizations to advance their affordable housing and community development goals. GEDCO is also active with advocacy work to expand affordable housing in Baltimore City. GEDCO is entering the final stage of completion of the Stadium Place campus. The completed construction and ongoing leasing of the Village Center, a neighborhood commercial center, to serve residents, employees of Stadium Place and the surrounding communities. Elkader Way, with 97 units of affordable housing for seniors, is in the final pre-construction phase.
GEDCO is currently renovating and implementing repairs to its Homeless Services program properties, for which permanent affordable housing and supportive services are provided to 112 residents, a majority with disabilities, who were formerly homeless. GEDCO completed renovation for Ascension Homes, a group home housing (424 Winston Avenue, 512 Harwood, and 502 Evesham Avenue); Harford House (1517 E. North Avenue, Baltimore, MD 21213) and Micah House (located at 5207 York Road). All the buildings repaired were over 25 years old. GEDCO next renovation project is Harford House. GEDCO’s initiative to renovate its buildings is essential to providing affordable housing with services to individuals who have been living in the street or shelters and need permanent housing with supportive services to provide some stability in order to be able to turn their lives around and gain some independence.
GEDCO's Development Projects
Real Estate Consulting
In addition to completing our own development projects, GEDCO’s Real Estate Development team also acts as a consultant for other local non-profit organizations. These organizations draw upon GEDCO’s expertise and history of success as they lead their own initiatives within the community. The benefits of these services are twofold, thus allowing our organization to generate another source of revenue while simultaneously broadening our impact within the greater Baltimore community.
GEDCO has worked with other non-profits, such as Marian House, where we developed a church parish house to provide supportive housing for women who are homeless.
GEDCO Advocacy:
GEDCO is not only engaged in developing and renovating affordable housing but advocating for affordable housing for residents of Baltimore City. GEDCO has been a member of Maryland Affordable Housing Coalition (MAHC) since 2013. As a member, GEDCO participates in the Housing Day in Annapolis each year, meets with Maryland legislatures, and provides support letters for legislation that impacts funding and policies impacting the delivery of housing that is affordable in Maryland. GEDCO's CEO is an active board member of MAHC and has been since 2017. She is the Treasurer, Co-Chair of the Membership Committee, and chair of the Diversity, Equity, and Inclusion committee. She has served on the leadership committee as Secretary and Treasurer. As a member, we have been very instrumental in getting the Renal Housing Work Fund funded each year through the State legislature and working with our partners to secure other funding for affordable housing. This fund has allowed multiple developers in Maryland to create and preserve thousands of affordable rental units while also creating thousands of jobs spurring the economy; especially during COVID.
GEDCO is also a member of Community Development Networks' Baltimore City group. GEDCO has been a member of CDN for over 13 years and has hosted multiple events at Stadium Place. The advocacy work with CDN has resulted in the creation and funding of operational support and BRNI Funds to enable community-based nonprofits to continue to operate providing supportive services and housing within their respective communities. Advocacy efforts have also included input on the Governor's budget on all funding programs that impact housing and community development in Baltimore and Maryland.