Critics: Port Covington Deal Financially Risky, Worsens Segregation

7/27/16

When she first heard about the Port Covington project, longtime Baltimore fair housing lawyer Barbara Samuels confessed to an overflow audience last night at Red Emma’s, even she was excited. She recalled how she tweeted, “Oh wow, this could be transformative if done right!”

But after reading through the developer’s 500-plus page application for a $660 million financing package from the city, the American Civil Liberties Union of Maryland staff attorney said she was aghast.

“I was shocked to find no market study done . . . or sensitivity analysis,” Samuels said, pointing out the financial risk to the city if the thousands of projected new residents of the proposed new waterfront development “don’t materialize.”

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