SB 484 would open up more opportunities to build needed housing, overcoming impediments for both market-rate and affordable home construction. We support this bill but suggest two amendments to strengthen it.

We want to express our strong support for SB 1123, which would extend the current 50% reduced school facilities surcharge for multifamily housing projects located close to Metro and MARC stations. It also states that Purple Line stations can receive the same treatment by the governing body of the county. 

CSG is glad to see this study is finally proceeding and its consideration of additional promising strategies. Here we offer our recommendations on strategies for TPB and its consultant to consider.

We should all be alarmed that little to no new rental housing projects are being financed as of August 2023 - for an indefinite period. In August, DHCD (not HFA) announced that the District hit the federal ceiling on private-activity bond issuance, known as the “bond cap” which effectively limits the allocation of 4% Low Income Tax Credits (LIHTC). This shocking announcement brought numerous shovel-ready affordable housing projects to a sudden, abrupt halt.

The Transportation and Climate Alignment Act will ensure Maryland’s transportation investments are aligned with its climate change mitigation goals and provide numerous benefits to the state’s residents, workers and communities.