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Public divided at Montgomery County hearing over proposed demolition tax to fund affordable housing
Summary
At a public hearing on Bill 5-25, proponents urged a demolition excise tax to fund the Housing Production Fund and curb displacement, while developers and builders warned the $20,000 fee could reduce permits and concentrate new construction in affluent areas.
Montgomery County’s public hearing on Bill 5-25, a proposed excise tax on certain demolitions and renovations intended to fund affordable housing production, drew multiple speakers who offered sharply divided testimony.
Rohit Khanna (Somerset Town Council) testified in support, calling the tax a dedicated funding source for the Housing Production Fund (HPF) and urging the council to supplement demolition-tax revenues with additional appropriations to scale production. Julie Greenberg, a…
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