CEO of North East Housing Initiative Resigns After Charges
Garrick Good steps down as the Baltimore nonprofit faces mounting debt and ongoing legal investigations.
Updated on Oct. 15, 2026 in Philanthropy
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Garrick Good has resigned as CEO and president of the North East Housing Initiative amid criminal charges filed in Howard County. Prosecutors have charged Good with theft and writing a bad check.
Why it matters
The resignation follows significant financial instability at the organization, which manages roughly 40 homes in East Baltimore and has faced multiple federal tax liens. Good cited his role as a potential distraction from the group's mission as his reason for stepping down.
The nonprofit has received $3.2 million in city funding since 2023 and $863,000 from state housing authorities. Additionally, federal tax liens against the organization have reached $66,000 as of September 2026.
The players
Garrick Good
He is the former president and CEO of the North East Housing Initiative who led the organization from 2018 until 2026.
North East Housing Initiative
This is a nonprofit organization that manages approximately 40 homes in East Baltimore and has received significant city and state funding.
The details
Good is accused of writing a bad check totaling $92,000, which he allegedly deposited from a personal Charles Schwab account into a nonprofit account at Pinnacle Financial Partners. The organization remains under scrutiny following a February 2026 federal subpoena regarding its finances.
Timeline
2018: Garrick Good began leading the nonprofit.
February 2026: Federal prosecutors subpoenaed the nonprofit.
May 2026: Good laid off seven staff members.
September 2026: A $66,000 federal tax lien was filed.
December 2026: Trial for theft and bad check charges.
Market Landscape
This leadership departure reflects broader instability within Baltimore's nonprofit sector as organizations face increased federal scrutiny regarding funding transparency. The organization's reliance on disparate revenue streams, including cryptocurrency, highlights the evolving challenges for local housing initiatives.
Residents relying on the nonprofit for housing may face uncertainty as the organization navigates significant debt and legal proceedings. The management upheaval could impact the long-term viability of the 40 properties currently managed by the group in East Baltimore.
The takeaway
Nonprofits receiving substantial public funding are increasingly expected to maintain rigorous transparency standards to avoid fiscal collapse. Donors and community stakeholders should carefully verify the financial health of local organizations before supporting new initiatives.
What happens next
Garrick Good is scheduled to stand trial for theft and writing a bad check in December 2026.
Further reading
For more on how local organizations are managed, visit Baltimore Philanthropy.
Source note: This article includes information reported by The Baltimore Banner.
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