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Maryland housing secretary says rent caps unlikely solution for housing shortage

November 7, 2023
apartment buildings, housing concept

Maryland’s highest ranking housing official said Monday that the state’s shortfall of residential building supply had reached a “crisis” pitch, hinting at several steps state government would take next year when legislators reconvene in Annapolis for the next General Assembly session. But Maryland Department of Housing and Community Development Secretary Jacob R. Day told those attending the Maryland Affordable Housing Coalition’s annual meeting that adopting one possible solution — capping annual rent increases by property owners and managers — was doubtful.

Article Source: The Baltimore Banner

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