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State housing package briefed to Montgomery County committee; planners flag stacking and local impacts
Summary
Department of Housing and Community Development legislative chief Mr. Cook told the County committee the governor's housing package pairs production incentives, renter protections and a new financing vehicle; county planners said local rules and MPDU requirements will affect where state density bonuses apply.
Mr. Cook, the Department of Housing and Community Development's legislative chief, briefed the Montgomery County Planning, Housing, and Parks Committee on three state laws the governor promoted this session: the Housing Expansion and Affordability Act (HEAA), the Renters Rights and Stabilization Act, and the Housing and Community Development Financing Act.
Cook told the committee the measures form a three-part strategy: "production, renters rights, and financing." He said Maryland faces a deep housing shortfall and that HEAA uses targeted density bonuses to encourage development near transit and on certain qualifying sites. "If you're within three-quarters of a mile of a passenger rail station and you include at least 15% affordable units at 60% AMI, you would receive roughly a 30%…
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