Working To Enhance The Quality Of Life
In Baltimore And In Maryland.

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The Municipal Banking Movement: An Opportunity for Baltimore

July 2019

Across the United States, local governments are reconsidering their relationships with private financial service firms.  In The Municipal Banking Movement: An Opportunity for Baltimore, historian Sean Vanatta explores how the latest national banking trends are affecting Baltimore and how public banking models from other cities, states, and countries could inform a municipal banking movement in the city.

The Ingenuity Project

The Abell Foundation launched The Ingenuity Project in 1994. Today, Ingenuity prepares and launches the next diverse generation of nationally competitive STEM leaders in Baltimore City, serving 750 students in grades 6-12. This grant will enable Ingenuity to expand and improve access to students of color and students living in concentrated poverty by opening a fourth middle school program at James McHenry School in West Baltimore and through the provision of tailored support and enrichment opportunities.

Urban Teachers

With Abell Foundation start-up funding, Urban Teachers launched a new model of teacher preparation in 2009, recruiting outstanding college graduates, training them in a year-long clinical preparation, and linking their certification to demonstration of effective teaching practices and student learning gains. Urban Teachers is currently training 100 new incoming Resident Teachers who co-teach with mentor teachers for the first year of a four-year commitment.

Per Scholas

Founded in South Bronx, NY in 1994, Per Scholas has trained more than 9,000 individuals in Information Technology,  producing impressive outcomes:  85 percent graduation, 80 percent certification, and 80 percent job-placement rates.  Funding from the Abell Foundation will support Per Scholas' expansion to Baltimore City, where Per Scholas plans to train 60 Baltimore City residents.  Per Scholas expects that 85 percent will graduate, 80 percent will earn at least one industry-recognized credential, and 80 percent will secure employment within six months of training.  TEKsystems, with its hea

Next One Up Foundation

Next One Up provides long-term mentoring relationships and coaching, on the field and in the classroom, to meet the needs of over 115 high-risk young men in Baltimore from age 13 to 24. These students receive 300 hours of out of school programming on Sundays, school visits during the week, and a summer program providing academic support, study skills, community service, college advising, athletic training, and community service.

Maryland Department of Transportation Port Administration

The Maryland Port Administration of the Maryland Department of Transportation will install an innovative Algal Flow-way Technology (AFT) system to improve water quality in the Harbor. Sediment-laden Harbor water will be pumped across an inclined screen raceway to colonize algae and capture the nutrients, removing pollution and discharging cleaner water. The best management practice technology will be used to meet Port water quality requirements.

Legal Aid Bureau, Inc.

In 2015, Maryland Legal Aid launched the Lawyer in the Library program to provide legal services clinics in Baltimore City libraries, in an effort to make legal services more accessible to people in the community.  Part of Legal Aid's "community lawyering" initiative, the Lawyer in the Library program operates clinics on a regular basis in eight Baltimore City library branches, offering legal advice and representation on a range of civil legal matters.  This grant provides operating support for the Lawyer in the Library program.    

Latino Economic Development Center

Latino Economic Development Center offers access to business resources and capital to meet the needs of underserved communities and communities of color in Baltimore. Their small business coaches provide one-on-one technical assistance and workshops/courses related to business planning, financial management, incorporation, licensing and permitting, accounting, marketing, and technology integration. Lending staff are trained to provide micro-loans ranging from $500 to $50,000 and larger loans up to $250,000.

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