Affordable Housing In the news
“Thousands of Marylanders will end up without housing with new Trump policy”
“Maryland Department of Housing and Community Development Secretary Jake Day exclusively told WYPR that 3,300 people and 1,100 children will lose housing due to the U.S. Department of Housing and Urban Development’s revamp of the Continuum of Care program.
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Both of Maryland’s U.S. senators signed onto a letter expressing concern about the Continuum of Care change.
“HUD should make the responsible choice to renew current CoC grants, proactively work with communities to promote other proven strategies ‘based on research and after notice and public comment’ and work to ensure any policy changes meet all legal requirements to avoid more funding delays,” they wrote in the letter.”
“In Anne Arundel, a split over housing and neighbors who want less of it”
“Why rent is up more in Anne Arundel than anywhere in Maryland"
““By even having that conversation, it’s telling builders: ‘You can’t plan on anything because we might change the rules on you,’” Gross said. “I’ve heard that from a lot of people in this industry that there’s a lot of unpredictability in this market. … A lot of people have stopped trying.”
Pickard added that very little county land is zoned to allow apartments. Its 533 miles of shoreline are a draw, but also feature environmental regulations that restrict building.
That’s visible in the county’s persistent 1-2% vacancy rate for apartments, which amounts to “a supply issue that drives up the rents,” she said.
Gross said the county’s builders largely focus on higher-end apartments.”