Baltimore City Council advances affordable housing bills
(Baltimore, MD) -- The Baltimore City Council has advanced a pair of bills to build affordable housing amid concerns over their financial impact.
One of the two bills would require developers to build affordable housing in residential buildings that receive subsidies from the city.
The other bill would set up a tax credit to offset the cost of the measure.
After nearly 20 years of a policy that fell short of the standard our residents deserve, and with renewed hope and preparation, we took a historic step Monday by lifting the voices of hardworking, taxpaying Baltimoreans who deserve access to affordable housing in all communities. pic.twitter.com/3Q89TNVv6p— Office of Baltimore City Council (@BaltCouncil) November 21, 2023
The votes last night were the second of three the council must take to pass the bills on to Mayor Brandon Scott for his signature.
The council is set to take up the bills for their third and final reading December 4.
Information contributed by 247newssource.com.