Councilmember Luedtke speaks with colleagues, residents, and housing advocates about affordable housing legislation
Everyone deserves access to safe, affordable, and quality housing. Affordability is one of the top concerns we hear, and the steps this Council has taken will create more housing to address the current shortage of housing supply that is making it increasingly unaffordable to live in our County.
It's a challenge for many jurisdictions around the country, region, and state, where Governor Moore and lawmakers in Annapolis are also working on policies to increase housing to meet the demand.
The housing shortage impacts all of us - renters and owners, longtime-residents and those just starting their careers. Whether you're seeking to live in an urban, suburban, or rural community in our County, housing affordability matters to you. Montgomery County is already short 24,590 units for residents who make less than 100 percent of the area median income and our existing stock of naturally occurring affordable housing could shrink by an additional 7,000 to 11,000 units before 2030.
The Council has taken on this issue from multiple angles to improve affordability across income levels and I'm proud to have supported smart and important initiatives, including:
- $20 million for the Nonprofit Preservation Fund, led by Council President Friedson, to preserve more than 1,800 units of affordable housing over the next year.
- The Facilitating Affordable Inclusive Transformational Housing (FAITH) Zoning Text Amendment, led by Council Vice President Stewart and Council President Friedson, which permits the construction of multifamily housing on more land owned by faith institutions, something for which many houses of worship have long advocated.
- Legislation to abolish required parking minimums in locations where transit is easily accessible, led by Councilmember Glass, Councilmember Mink, and Council President Friedson. Parking minimums are an outdated, one-size-fits-all standard that stifle housing production and make homes more expensive due to the expense of constructing parking, which ranges between $70,000 - $100,000 per underground spot in urban areas.
- We continue to support the County's landmark Housing Production Fund, established by the last Council, which allows our Housing Opportunities Commission to partner with developers to more efficiently finance much-needed affordable housing projects like The Laureate near the Shady Grove Metro Station.
|