TOWSON, MD—A new 122-unit apartment complex in Towson is expected to make a significant dent in Baltimore County’s goal of adding 1,000 affordable rental units by 2027, Baltimore County Johnny Olszewski announced on Thursday. Loch Raven Overlook, slated to replace the Days Inn at 8712 Loch Raven Blvd., will contribute 115 units toward that goal. The project is the largest […]
UPDATE: County Executive Johnny Olszewski has provided additional details on the Loch Raven Overlook project. Original story below… TOWSON, MD—Governor Wes Moore has announced $129.5 million in Fiscal Year 2025 awards to support seven state revitalization programs, funding 304 projects in communities across the state. The funding, administered by the Maryland Department of Housing and Community Development, aims to revitalize […]
BALTIMORE, MD—Maryland Governor Wes Moore has announced $50.8 million in awards to revitalize Baltimore City neighborhoods by reducing the number of vacant buildings. The funding comes from the Baltimore Vacants Reinvestment Initiative (BVRI), a program that has received a record $50 million allocation in the state’s Fiscal Year 2025 budget. “In order for it to be Maryland’s decade, it has […]
TOWSON, MD—Baltimore County Executive Johnny Olszewski issued an executive order on December 3, 2024, mandating affordable housing units in new housing developments receiving County financial support. This means any new or preservation development project that receives county discretionary financial support — which includes loans, grants, payments-in-lieu of taxes, tax credits, TIFs, and bonds — must designate a percentage of units […]
BALTIMORE, MD—The Maryland Department of Transportation and the Maryland Department of Housing and Community Development have agreed to work together to build more housing near transit stations. The agencies signed a memorandum of understanding (PDF) to spur transit-oriented development, which they say will help increase ridership, make housing more affordable, promote economic development, and address climate change goals. The agreement […]
BALTIMORE, MD—With the rate of mortgage delinquency ranging from around 3% to 23% depending on the city, the personal-finance website WalletHub has released its new report on the Cities With the Highest Mortgage Delinquency Rates, to highlight where people are at the biggest risk of credit score damage and foreclosure. Baltimore came in at No. 8 on the list. WalletHub ranked […]
BALTIMORE, MD—Governor Wes Moore has announced an executive order to establish Reinvest Baltimore, an initiative to address the city’s vacant property crisis. The program will be a coordinated effort between the state, city, nonprofits, and for-profit partners, with the goal of revitalizing neighborhoods and maximizing economic potential and quality of life for residents. “Baltimore’s vacant property crisis is an issue […]
JOPPA, MD—The Maryland Department of the Environment, on behalf of the Attorney General, has filed a complaint against a developer, homebuilder, and contractor for multiple water pollution violations at the Ridgely’s Reserve development in Harford County. The complaint (PDF), filed Friday in Harford County Circuit Court, alleges that the Ridgely’s Reserve development and its associated sewer line project caused “numerous […]