How Baltimore's Mayor Is Fighting the City's Vacant Housing Crisis

Odd Lots49mMay 4, 2026

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AI-Generated Summary

In this episode of Odd Lots, hosts Tracey Alloway and Joe Weisenthal speak with Baltimore Mayor Brandon Scott at the Bloomberg City Lab conference in Madrid, exploring how the city is tackling its long-standing vacant housing crisis. Scott, who grew up in Baltimore and witnessed the effects of redlining, deindustrialization, and population decline firsthand, outlines a comprehensive, 15-year strategy that unites city, state, private, and community stakeholders. The strategy has reduced vacant properties from 16,000 to 11,806 during his tenure, using block-by-block planning, strategic investments, and innovative financing tools like TIF (Tax Increment Financing) applied to non-contiguous areas—something previously thought impossible. A key driver of success has been a 60% drop in violent crime, achieved through data-driven violence prevention, community intervention, and targeted gun enforcement, not mass arrests. This safety improvement has become a critical tailwind for attracting private capital and developers. Scott emphasizes affordability and equity, using programs like 'Buy Back the Block' to help long-term residents become homeowners and ensuring new developments reflect neighborhood aesthetics and mixed-income needs. The conversation also touches on Baltimore’s emerging tech economy, fueled by proximity to DC, Fort Meade, and world-class institutions like Johns Hopkins and the University of Maryland, positioning the city as a competitive hub for innovation and growth. The episode underscores that housing crises are not one-size-fits-all—Baltimore’s challenge is deeply rooted in historical disinvestment and racial policy, requiring more than just capital or zoning changes. Success hinges on coordinated governance, data transparency, and community trust. The hosts reflect on how crime reduction is a non-negotiable precondition for urban revitalization, and how incentives matter: when police are rewarded for arrests, crime prevention fails. They also highlight the cultural renaissance in Baltimore, from the Walters Art Museum’s Black Panther exhibit to the free Artscape Festival, showing that economic recovery is intertwined with cultural pride. Ultimately, the episode presents a model of urban renewal that blends data, equity, and long-term vision—proving that even cities with deep structural challenges can transform when leadership, strategy, and community are aligned.

Key Takeaways
1

Baltimore’s vacant housing crisis is rooted in historical redlining and deindustrialization, not just population decline.

2

A 15-year, city-wide strategy involving state, private, and community partners has reduced vacant homes from 16,000 to 11,806.

3

Innovative use of TIF financing on non-contiguous blocks has unlocked $380M in developer applications for affordable housing.

4

A 60% drop in violent crime—achieved through data-driven violence prevention, not mass arrests—has become a key catalyst for investment.

5

Affordability is prioritized through programs like 'Buy Back the Block,' helping long-term residents become homeowners.

…and 3 more takeaways available in PodZeus

Chapters
0:00
2 min

Introduction: The Global Urban Crisis and Baltimore's Unique Challenge

The episode opens with a brief intro to Bloomberg City Lab in Madrid, setting the stage for a global conversation on urban challenges. The hosts introduce Baltimore’s vacant housing crisis as a case study in how housing issues vary by city, shaped by history, policy, and community.

2:00
3 min

Mayor Scott’s Personal Connection to Baltimore’s Vacancy Crisis

I grew up on a block with a vacant house that my dad made me and my brothers cut the grass at every single time because he said by the time the city gets around to cutting it for the owner, it's going to be a foot high.

Highlight
5:00
5 min

The 15-Year Strategy: Unity, Capital, and Block-by-Block Planning

We are coming up with this strategy that we, as in Baltimore, as a community, not just city government, not just private, not just philanthropic, not just the residents. We are going to end this crisis for good over the next 15 years.

Highlight
10:00
5 min

How Vacant Homes Become Vacant: A Multifaceted Crisis

Scott explains the complex causes behind vacant housing: population decline, job loss (e.g., GM, Bethlehem), deaths of elderly homeowners, speculative holding, and the legacy of redlining. He notes that most vacant homes are privately owned, not city-owned.

15:00
5 min

Balancing Capital and Equity: Preventing Gentrification

We're very intentional about understanding that we do want people to come from all over. But we also... want the folks that had stayed in Baltimore and lived through all this can benefit from it as well.

Highlight
High-Impact Quotes
We are coming up with this strategy that we, as in Baltimore, as a community, not just city government, not just private, not just philanthropic, not just the residents. We are going to end this crisis for good over the next 15 years.
Brandon Scott8:23
Viral: 90.0
We reduced homicides in the city by 15% from one year to the next... people literally laughed because they thought that was ridiculous.
Brandon Scott26:10
Viral: 88.0
We put out in our first round $28 million worth of TIF financing. We got $380 million worth of applications.
Brandon Scott19:51
Viral: 87.0
Speakers

Hosts

Tracey AllowayJoe Weisenthal

Guest

Brandon Scott
Topics Discussed
vacant housing crisis95%urban crime reduction and violence prevention92%racial redlining and historical disinvestment90%block-by-block urban planning88%affordable housing and community equity87%innovative urban financing tools85%public safety and capital attraction83%city-led economic development80%
People & Brands

Baltimore

place

45xPositive

Brandon Scott

person

12xPositive

Redlining

other

8xNegative

TIF

other

6xPositive

Johns Hopkins University

other

5xPositive

The Wire

other

4xMixed

University of Maryland

other

4xPositive

Port of Baltimore

other

3xPositive

Walters Art Museum

other

3xPositive

Bloomberg City Lab

other

3xPositive

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