Affordable Housing Archives - Page 2 of 4

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Olszewski announces new legislation to revitalize aging Baltimore County communities, expand attainable housing

Posted on January 12, 2024 by Chris Montcalmo

TOWSON, MD—Baltimore County Executive Johnny Olszewski on Friday announced new legislation that aims to promote economic revitalization and support the creation of attainable housing by expanding opportunities to redevelop vacant or underutilized big box stores, shopping centers, or malls into modern, mixed-use developments. “To realize our fullest potential, Baltimore County must do more to reimagine and revitalize today’s aging infrastructure […]

Governor Moore announces record-setting housing bond to support affordable, sustainable homeownership for first-time homebuyers

Posted on November 29, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore on Wednesday announced that the Maryland Department of Housing and Community Development issued the largest mortgage revenue bond in the agency’s history. The $400 million bond from the department’s Community Development Administration through the Residential Revenue Bond program generated tax-exempt and taxable bond proceeds that may be used to finance affordable, sustainable mortgage loans to first-time […]

Olszewski announces $1.1 million in additional federal funding for eviction prevention

Posted on May 19, 2023 by Chris Montcalmo

TOWSON, MD—County Executive Johnny Olszewski on Thursday announced that Baltimore County will receive an additional $1.1 million dollars in rental assistance funding from the U.S. Department of the Treasury, through its reallocation of federal Emergency Rental Assistance Program funds. Baltimore County was one of only three jurisdictions statewide to receive reallocation funding – obtaining the largest reallocation of federal dollars […]

Governor Wes Moore Announcement 20230301

Governor Moore announces $13.4 million to support affordable housing following Board of Public Works meeting

Posted on March 1, 2023 by Chris Montcalmo

ANNAPOLIS, MD – Governor Wes Moore on Wednesday announced $13.4 million to support projects that create or preserve affordable rental housing units, awarded Wednesday morning during the Board of Public Works meeting. The board approved requests from the Maryland Department of Housing and Community Development to provide $10.4 million through the Rental Housing Works Program and $3 million from the […]

Olszewski Baltimore County Housing Reform Announcement 20230112

Olszewski announces foundational housing reform legislative package [VIDEO]

Posted on January 13, 2023 by Chris Montcalmo

TOWSON, MD—County Executive Johnny Olszewski on Thursday proposed a package of foundational legislative reforms to expand access to new housing opportunities and address community concerns in Baltimore County. The proposed legislative reforms announced Thursday advances key recommendations of the County’s Affordable Housing Work Group, including: Establishing a dedicated and permanent Baltimore County Housing Opportunities Fund to allow for reoccurring investment […]

Baltimore County Affordable Housing Work Group issues final report

Posted on July 12, 2022 by Chris Montcalmo

TOWSON, MD—The Baltimore County Affordable Housing Work Group, convened in 2021 by County Executive Johnny Olszewski, this week released its final report. The report, which was finalized after public feedback on an interim report was considered, includes a proposed vision statement and 36 recommendations to bolster the County’s ongoing efforts to expand equitable access to affordable housing. “Baltimore County is […]

Governor Hogan announces $200 million affordable housing package to address rising costs

Posted on April 28, 2022 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan this week announced that more than $200 million in financing tools and new programs will be made available to create new affordable housing opportunities in the state. The Maryland Department of Housing and Community Development (DHCD) will administer the funds to produce more than 6,000 additional units statewide amid rising construction costs and interest rates. “During […]

Baltimore County Affordable Housing Work Group issues interim report for public comment

Posted on March 31, 2022 by Chris Montcalmo

TOWSON, MD—The Baltimore County Affordable Housing Work Group, convened in 2021 by County Executive Johnny Olszewski, this week released a draft interim report, which includes 36 recommendations to bolster the County’s ongoing efforts to expand equitable access to affordable housing. The public will have the opportunity to provide feedback on the recommendations until Wednesday, April 27, and may submit comment […]

Tag: Affordable Housing