Olszewski proposes $16M affordable housing trust fund to acquire, convey derelict land

Baltimore County Executive Johnny Olszewski Jr. is proposing to use $16 million in federal grant money to establish an affordable housing trust fund aimed at boosting the county’s stock of affordable rental apartments and homes — potentially through acquisition of vacant and tax-delinquent properties. During a Thursday news conference in Towson, Olszewski unveiled a legislative proposal package meant to encourage residential developers and nonprofit housing providers to build affordable and accessible units in Baltimore County, and remove barriers to housing stability for low- and fixed-income earners.