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Council hears briefings on Housing for Jobs Act, regional transportation authorities and tax-rate differential proposals
Summary
County staff and planning officials briefed councilors on three major statewide proposals: the Housing for Jobs Act (which would trigger approvals when jobs-to-housing ratios exceed 1.5), a bill creating three regional transportation authorities with new financing mechanisms, and enabling legislation for county-level tax-rate differentials restricted to transportation capital.
Montgomery County staff and planning officials presented overviews of three statewide proposals the county is tracking: the Housing for Jobs Act, a regional transportation-authorities bill and legislation to enable counties to set differential property-tax rates for transportation funding.
Housing for Jobs Act: Staff described the governor’s initiative to identify housing shortages by comparing jobs to housing units (a gap is triggered when there are more than 1.5 jobs per housing unit). The bill would broadly define 'housing project…
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