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Baltimore may require some developers to set aside affordable housing. But a compromise bill doesn’t go as far as many other cities

October 4, 2022

A proposed bill before the Baltimore City Council would require developers of certain residential buildings that receive subsidies from the city to set aside a percentage of units to be more affordable, a policy that supporters say would help address both the city’s shortage of affordable housing and socioeconomic segregation. Dozens of supporters gathered Monday afternoon across from the 414 Light Street Apartments, a towering glass building that benefited from more than $3 million in tax credits from the city in 2020 but still offers no units below market rate.

Article Source: Baltimore Banner

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