1738051200 Jan 28, 2025

Montgomery County Council press briefing · January 28, 2025

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42:47

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42:47

Opening remarks and package overview

AnnouncementPresentation

0:00 → 5:14(5m 14s)

A council member opened the event to unveil the 'More Housing Now' workforce-housing package, framing it as the county's most significant workforce housing proposal and citing rising housing costs (average detached home price said to exceed $1,000,000 and an affordability threshold of $340,000). The speaker outlined core elements: a corridor-focused workforce zoning text amendment with a 15% workforce-housing requirement, a $4,000,000 workforce housing opportunity fund, expedited office-to-housing conversion, a 25-year property tax abatement for conversions of highly vacant office buildings, a

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Council members and community partners unveiled the “More Housing Now” workforce-housing package proposing corridor zoning changes, a $4,000,000 workforce fund, office-to-housing incentives including a 25-year tax abatement for deep office vacancies, and a doubling of a homeownership fund; supporters from unions, nonprofits and residents urged swift action.

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Transcript

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