State awards financing to develop low-income housing in Fallston

Affordable HousingThe state has announced funding recipients for the Maryland Department of Housing and Community Development’s most recent application round for federal Low Income Housing Tax Credits and state Rental Housing Funds.

Twenty-one projects will receive awards, including one located at a busy Fallston intersection.

The awards will cover the new construction and rehabilitation of approximately 1,147 affordable rental units, including 167 units to be specifically set aside for individuals with disabilities.

The projects awarded will receive more than $16.6 million in state Rental Housing Funds and over $30.2 million in federal Low Income Housing Tax Credits, leveraging more than $94.5 million in private sector capital.

According to The Aegis, about 40 people attended a Community Input Meeting back in July to voice their opposition to a 56-unit apartment complex proposed for the corner of the Benson intersection at Harford and Belair roads and the Bel Air Bypass in Fallston.

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The only applause noted at the 80-minute meeting, according to The Aegis,  was came when Brandon Wagner questioned the need for the project.

“Are we trying to diversify Fallston?” Wagner asked. “I just don’t see the market for this here.”

The full list of 2018 affordable housing awardees can be found here.

Bensons Corner

 

Councilman Marks opposed affordable housing changes three years ago

 HUD LogoWith much attention focused on the federal government’s recent support for new affordable housing initiatives, one Baltimore County Councilman spoke out nearly three years ago.

NottinghamMD.com received a copy of a letter sent by Councilman David Marks opposing the regulatory change in 2013.

The final rule was adopted by the Obama administration, and Councilman Marks said he never received a response.

“I have been very critical of this overreach by the federal government,” Marks commented. “There is a renewed push by the federal government for affordable housing in apartment and townhouse developments. We have a lot of dense development in the Perry Hall area, which is why I am trying to limit future growth through our rezoning efforts.”

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