minimum investment: $500.00
Hamsterdam becomes the “Come Home Zone” in the Oliver neighborhood of Baltimore.
The irony! Oliver, the East Baltimore community whose manifest blight attracted film crews from David Simon’s celebrated HBO series, “The Wire,” is now attracting market-rate homebuyers from the Baltimore suburbs, from Rochester, New York and from Norfolk, Virginia.
Oliver, once a real-life counterpart to the forbidding, despairing violence that “The Wire” seemingly forever linked to Baltimore, has yielded to crime-reducing and quality of life improving stratagems of a homebuilder, David Borinsky, the originator of the “Come Home Baltimore” concept.
David has been working since 2010 to attract middle-income homebuyers to Oliver without causing displacement or marginalization of long-time residents. He has done so by coupling renovated homes with a compelling message. To existing Oliver residents, the message is that Oliver belongs to them. To homebuyers, the message is that they are not just buying a house but that they are joining a community: they are “coming home.”
Funding target: $50,000 – $100,000 by 12/31/2018
Regulation CF: Equity
Minimum investment: $500