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DHCD tells Economic Matters Maryland must build tens of thousands of homes to curb rising costs
Summary
Deputy Secretary Julia Glanz told the Economic Matters Committee that Maryland has underproduced housing for years, increasing rents and home prices; DHCD highlighted proposed bills to allow smaller homes and lock in local rules at application and said permitting certainty and local zoning are central levers.
Annapolis — The Maryland Department of Housing and Community Development told the Economic Matters Committee on Monday that an acute supply shortage is the principal driver of housing unaffordability across the state and outlined legislative steps intended to increase production.
"Our solution is more supply," Deputy Secretary Julia Glanz said in opening remarks, summarizing the agency's position that increasing the number and variety of homes is the most direct way to reduce cost pressure for Maryland renters and buyers. Glanz provided a slate of statewide data: rents have risen more than 20% since the pandemic, median home values rose from about $280,000 in 2013 to roughly $436,000 today, and median rents are up about 42% since 2010.
DHCD…
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