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Hopkins giving $10M to university neighborhoods

Thursday - 12/6/2012, 10:45am  ET

BALTIMORE (AP) - Johns Hopkins University officials say they will give $10 million over the next five years to help communities surrounding its Homewood campus in Baltimore.

University President Ronald J. Daniels said Thursday that the future of the university is tied to the community. Daniels says the interests of the university's neighbors, including safe streets, workforce development and eliminating blighted properties are also the interests of the university. University officials say they hope to attract 3,000 new households as well as shops and cultural institutions to the neighborhoods in the next decade.

The Baltimore Sun reports that the university also announced plans to hire more city residents and increase supply purchases from local businesses owned by women and minorities.

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