Wednesday, July 24, 2024 | Baltimore, MD

3 things to watch as Baltimore considers affordable housing requirements

November 14, 2023

After months of delay, a pair of bills that would require — and incentivize — developers to build more affordable housing units will be presented before the full Baltimore City Council Tuesday, and could be called for a vote. The bills are part of a package of what’s known as inclusionary housing legislation because they would require all new developments exceeding a certain size and value to reserve a portion of units for people earning below the Baltimore-area median income. Another bill would allow developers to apply for a property tax credit.

Article Source: The Baltimore Banner

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