Offering rent relief to “front-line” and lower-wage workers, such as teachers, is one way developers, lawmakers and local officials are attempting to build more income-inclusive neighborhoods.
A package of housing bills that would have eased the mounting cost burden on Howard County residents failed to advance through the County Council, effectively ending the county executive’s campaign for rent control and more affordability in one of Maryland's most expensive areas.
Since the 2021 reassessment, residential values increased on average by 25.6% and commercial properties saw an average jump of 17.6%, according to state data released Friday.
Because of the extensive damage, there are fears that Steuart Hill Academy faces the same future as some of the city’s other shuttered schools — demolition, or more extensive disrepair.
The money would be put toward at least 35,700 properties across Baltimore, including in neighborhoods that typically don’t see much government investment.
Since July of 2020, the number of city cable subscribers has dropped by more than 40,000 — reducing the revenue the city collects from its 5% franchise fee.
The Baltimore City Council on Monday night approved an inclusionary housing bill that would compel all major developments to reserve a portion of the units to be rented at reduced prices.
The resolution, which did not appear on Monday night’s agenda, failed with four members abstaining from the vote. Just minutes earlier, a large group of pro-Palestine protestors had been escorted out of the building after interrupting the council proceedings.
The development team said the marketplace is meant to provide an accelerator space for small businesses, especially those owned by women and people of color. Ideally, vendors will use the space as a launching pad before venturing into bigger spaces.