Affordable Housing Archives - Page 2 of 4

Olszewski, MCB Real Estate announce largest attainable housing agreement in Baltimore County history

Posted on February 2, 2024 by Chris Montcalmo

NOTTINGHAM, MD—Baltimore County Executive Johnny Olszewski, in partnership with MCB Real Estate and the Urban Investment Group within Goldman Sachs Asset Management, on Friday announced the preservation of 460 housing units of attainable housing at three multi-family properties in Baltimore County in Nottingham, Parkville, and Sparrows Point for up to 40 years. The largest attainable housing deal in Baltimore County […]

Councilman Marks: Oppose Moore’s plan for dense development

Posted on January 14, 2024 by Chris Montcalmo

The following is an editorial piece from Baltimore County Councilman David Marks. Throughout the Fifth District, one of the most recurring messages I hear from constituents is about overdevelopment. That’s why I’ve moved quickly in the new Fifth District to preserve open space, protect neighborhoods, and make sure growth is compatible with or communities. Last year, we blocked the Lafarge […]

Real Estate Mortgage Housing Home Buying

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 […]

Tag: Affordable Housing