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      <OtherRevenuesNotIncludedAmt>-1388</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>-1388</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>10580571</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>13031576</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>78832</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>78832</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>12952744</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>12952744</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATIONS ADOPTED GUIDANCE IN THE FASB ASC TOPIC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES BEFORE JUNE 30, 2018.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>GAIN ON INTEREST RATE SWAP AGREEMENT 505,367.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FINANCIAL STATEMENTS ARE CONSOLIDATED: ELIMINATION ENTRIES 11,000. FINANCIAL STATEMENTS ARE CONSOLIDATED: EAST BALTIMORE DEVELOPMENT FOUNDATION -12,388.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FINANCIAL STATEMENTS ARE CONSOLIDATED: EAST BALTIMORE DEVELOPMENT FOUNDATION 89,832. FINANCIAL STATEMENTS ARE CONSOLIDATED: ELIMINATION ENTRIES -11,000.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART VI, LINE 1E - LAND, BUILDING, AND EQUIPMENT -</FormAndLineReferenceDesc>
        <ExplanationTxt>THE OTHER ASSETS COST CONSIST OF PUBLIC PARK LAND, $9,855,866 PUBLIC PARK FIXED ASSETS, $2,084,245</ExplanationTxt>
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    </IRS990ScheduleD>
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        <TotalCompensationFilingOrgAmt>263793</TotalCompensationFilingOrgAmt>
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        <PersonNm>KAREN JOHNSON</PersonNm>
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        <BondReferenceCd>A</BondReferenceCd>
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        <BondReferenceCd>A</BondReferenceCd>
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        <AnyLeaseArrangementsInd>0</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>0</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>0</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>0</BondIssMeetPrvtSecPymtTestInd>
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        <ProcsNonqualifiedBondRemdtdInd>1</ProcsNonqualifiedBondRemdtdInd>
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        <WrittenProcToMonitorReqsInd>1</WrittenProcToMonitorReqsInd>
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        <Form8038TFiledInd>1</Form8038TFiledInd>
        <VariableRateIssueInd>1</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>1</HedgeIdentifiedInBksAndRecInd>
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        <BondReferenceCd>B</BondReferenceCd>
        <ProceduresCorrectiveActionInd>1</ProceduresCorrectiveActionInd>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART I, LINE 22</FormAndLineReferenceDesc>
        <ExplanationTxt>AS PLANNED, EBDI FUNDED OPERATIONS WITH NEW MARKETS TAX CREDIT LOANS, WHICH CREATES A TIMING DIFFERENCE IN THE RECOGNITION OF EXPENSES AND CORRESPONDING REVENUE. THE REVENUE WAS RECOGNIZED WHEN THE LOANS WERE RETIRED WITH EXISTING COMMITMENTS OF TAX INCREMENT BONDS ISSUED BY THE CITY OF BALTIMORE AND THE FUNDING OF A MEMORANDUM OF UNDERSTANDING FROM THE ANNIE E. CASEY FOUNDATION. THE PLANNED USE OF NMTC LOANS DESCRIBED ABOVE RESULTED IN POSITIVE NET ASSETS FOR EBDI, AND WHEN COMBINED WITH THE NEGATIVE NET ASSETS OF 929 AFTER DEPRECIATION AND INTEREST, RESULTED IN NEGATIVE NET ASSETS FOR THE CONSOLIDATED ENTITIES AS OF JUNE 30, 2021.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>NICOLE M. HARRELL, CPA, LLC PERFORMS ACCOUNTING CONSULTING RESPONSIBILITIES WHICH INCLUDES BANK RECONCILIATIONS, SUPERVISING OF THE ACCOUNTS PAYABLE AND RECEIVABLE ACTIVITY, FINANCIAL REPORTING PREPARATION, COMPLETION OF ANNUAL AUDIT AND FORM 990 PROCEDURES AND REPORTS TO THE CEO. SHE ALSO PERFORMS THE REVIEW OF MONTHLY FINANCIAL STATEMENTS AND COMPLETION OF EBDI FINANCE COMMITTEE AND BOARD PACKAGES FOR QUARTERLY MEETINGS. EBDI PAID HARRELL CPA $93,800 FOR THE ABOVE SERVICES DURING THE TAX YEAR. RUDOLPH ISAACS, CPA, PERFORMS THE REVIEW OF FINANCIAL STATEMENTS AND COMPLETION OF GREYSTAR MANAGEMENT/929 PORTION EBDI FINANCE COMMITTEE AND BOARD PACKAGES FOR QUARTERLY MEETINGS. ISAACS ALSO PROVIDED TECHNICAL ASSISTANCE AND KNOWLEDGE IN COMPLETING THE ANNUAL AUDIT OF EBDI. ISAACS PROVIDES MANAGEMENT SUPPORT RELATING TO GREYSTAR MANAGEMENT AND REPORTS RELATING TO 929. THIS INCLUDES REVIEW WEEKLY LEASING ACTIVITY AND WORK WITH GREYSTAR TO DEVELOP LEASING STRATEGIES. REPORTING TO EBDI MANAGEMENT ON THE RESULTS OF 929 ACTIVITY. EBDI PAID ISAACS $22,725 FOR THE ABOVE SERVICES DURING THE TAX YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 WAS PREPARED BY RSM US IN CONSULTATION WITH AN ACCOUNTING CONSULTANT ENGAGED BY EBDI TO ASSIST WITH FINANCIAL REPORTING, AUDIT AND FORM 990. THE FORM WAS THEN REVIEWED WITH THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AS WELL AS THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IN MAY 2022 PRIOR TO SUBMISSION. THE FINANCE/AUDIT COMMITTEE INCLUDES SENIOR MANAGERS FROM SEVERAL FOUNDATIONS AND PARTNERS WITH NATIONAL AND LOCAL ACCOUNTING FIRMS. THE COMMENTS OF THE REVIEW TEAM WERE INCORPORATED INTO THE FINAL DOCUMENT AND EMAILED TO THE FULL BOARD OF DIRECTORS PRIOR TO SUBMISSION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EBDI HAS A WRITTEN CONFLICT OF INTEREST POLICY. KEY EMPLOYEES, OFFICERS AND DIRECTORS UPDATE THEIR DISCLOSURE STATEMENT ANNUALLY. WHENEVER THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN EBDI AND AN INTERESTED PARTY, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE. WHERE THE ACTUAL OR POTENTIAL CONFLICT EXISTS, THE CEO SHALL REVIEW THE MATTER AND TAKE APPROPRIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF EBDI. THE CEO SHALL REPORT TO THE CHAIRMAN THE RESULTS OF ANY REVIEW AND THE ACTION PROPOSED TO BE TAKEN. THE CHAIRMAN, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED. AN INTERESTED PARTY WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED ACTION OR TRANSACTION WITH EBDI SHALL NOT PARTICIPATE IN ANY WAY IN, OR BE PRESENT DURING, THE DELIBERATIONS AND DECISION MAKING RELATED TO THE PROPOSED ACTION OR TRANSACTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION OF THE PRESIDENT AND CEO IS ESTABLISHED BY THE BOARD OF DIRECTORS AND IS DETERMINED AND DOCUMENTED ANNUALLY BASED UPON COMPARABLE COMPENSATION DATA. BONUSES FOR THE PREVIOUS YEAR ARE DETERMINED BASED UPON ACHIEVEMENT OF SPECIFIC ORGANIZATIONAL GOALS. THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE PRESIDENT AND CEO WITH APPROVAL OF THE BOARD OF DIRECTORS THROUGH THE BUDGET PROCESS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ORGANIZATIONAL DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D), UPON WRITTEN REQUEST TO THE ORGANIZATION. THE ORGANIZATION WILL ARRANGE A MUTUALLY CONVENIENT TIME FOR REVIEW AT THE MAIN OFFICE OF EBDI AT 929 N. WOLFE STREET, BALTIMORE, MARYLAND.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>INFRASTRUCTURE CONTRACTORS: PROGRAM SERVICE EXPENSES 648,587. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 648,587. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,315,290. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,315,290. ENGINEERING SERVICES: PROGRAM SERVICE EXPENSES 15,889. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,889. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 382,712. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 382,712.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>GAIN ON INTEREST RATE SWAP AGREEMENT 505,367.</ExplanationTxt>
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      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>1</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>1</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>
