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Baltimore Vacants Reinvestment Council Minutes February 2026

MCIC Manages $1.6M BVRI Support Fund for CDOs

$1,600,000 initial Support FundMaryland Department of Housing and Community DevelopmentMARYLAND COMMUNITY INVESTMENT CORPORATIONFebruary 10, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The council reviewed Maryland Community Investment Corporation’s administration of BVRI disbursements and the $1.6 million BVRI Support Fund. MCIC expects to retain a portion of the fund for emerging opportunities between commitment cycles and potential renewed contributions.

Contract Details

Contract Amount

$1,600,000 initial Support Fund

Vendor

MARYLAND COMMUNITY INVESTMENT CORPORATION

Agency

Maryland Department of Housing and Community Development, MD

Contract Type

FINANCIAL_SERVICES

Document Date

February 10, 2026

Renewal Info

Council discussion indicated interest in renewing commitments to the Support Fund, with some funds intentionally held back between funding cycles.

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