Current:Home > NewsMaryland Gov. Wes Moore testifies for bills aimed at making housing more affordable -Visionary Wealth Guides
Maryland Gov. Wes Moore testifies for bills aimed at making housing more affordable
View
Date:2025-04-14 19:09:59
ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore testified Tuesday in support of measures aimed at making housing more affordable and protecting renters, some of the governor’s top priorities this legislative session.
Moore, a Democrat, told lawmakers that the state is facing “a true housing crisis,” largely due to a lack of housing supply. He said that’s holding back the state’s economic growth as well as making it more expensive to live in Maryland.
“This legislation that we will work on together will help spur new housing construction, enhance long-term financial investments in low-income areas, help the state move in partnership with local governments instead of being in constant conflict with them, centralize resources for Maryland renters and get our economy moving again,” Moore said.
One of the measures backed by the governor endeavors to increase the state’s housing supply by incentivizing construction and removing barriers to development. To do that, the bill would modernize land-use law and simplify approval for transit-oriented development, as well as development on former state-owned complexes, and housing development by 501(c)(3) nonprofit organizations, which are created to revitalize communities, particularly impoverished ones.
The bill would incentivize the development of these projects by allowing greater density when certain conditions are met.
The governor said his administration has been careful to work with local officials on the proposals. With an estimated shortage of 96,000 housing units, Moore said the state has to be able to work together with local jurisdictions to address that kind of shortage.
“This is a piece of legislation that is not heavy-handed,” Moore told the Maryland House Environment and Transportation Committee. “It really more works hand-in-hand.”
Another measure would strengthen state financing tools for housing and community development. The bill would create an independent quasi-government unit called the Maryland Community Investment Corporation to invest in low-income communities. It also would apply for federal tax credits.
The Housing and Community Development Financing Act also expands the eligible uses of the state’s Strategic Demolition and Smart Growth Impact Fund to include debt payments and credit enhancement. The fund was created in 2016 to provide grants and loans for revitalization projects.
“Together these bills will help us to build new homes so we can narrow the supply gap,” Moore testified. “We can strengthen our economy for the long-term and we can create new pathways from poverty to prosperity.”
Moore also testified in support of a measure to protect renters. It would increase the maximum surcharge imposed by courts from $8 to $93 for landlords to evict tenants for failing to pay rent. Half of the revenue would go into the Statewide Rental Assistance Voucher Program, and the other half would go to the Maryland Legal Services Corporation, which is used to finance civil legal services to indigent clients.
The bill also would create an Office of Tenant Rights that would provide renters with information about their rights and create a Tenant Bill of Rights. The measure also would reduce the allowable security deposit from two months’ rent to one month.
The legislation also modifies the state’s new rental voucher program to provide prioritization of vouchers for families with children under the age of 5 and pregnant women.
The bill also would allow renters the right to purchase their home, if it is being sold, by creating a right of first refusal.
veryGood! (947)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Georgia’s lieutenant governor wants to cut government regulations on businesses
- Japan’s Nintendo is developing a live-action film based on its hit video game ‘The Legend of Zelda’
- Virginia’s governor declares a state of emergency as firefighters battle wildfires
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- US asks Congo and Rwanda to de-escalate tensions as fighting near their border displaces millions
- Syphilis cases in newborns have skyrocketed at a heartbreaking rate, CDC reports
- Horoscopes Today, November 7, 2023
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Chase Young on different 'vibe' with 49ers: 'I'm in the building with winners'
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- A top aide to the commander of Ukraine’s military is killed by a grenade given as a birthday gift
- General Motors’ autonomous vehicle unit recalls cars for software update after dragging a pedestrian
- 'Really lucky': Florida woman bit on head by 9-foot alligator walks away with scratches
- Current, future North Carolina governor’s challenge of power
- NFL mock draft 2024: Caleb Williams still ahead of Drake Maye for No. 1
- As price of olive oil soars, chainsaw-wielding thieves target Mediterranean’s century-old trees
- Live updates | More Palestinians fleeing combat zone in northern Gaza, UN says
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Wisconsin Senate to vote on amendment blocking church closures during public state of emergencies
Special counsel says Trump's attempts to dismiss federal election case are meritless
Jeremy Allen White Reveals the Story Behind His Comment on Alexa Demie's Lingerie Photo Shoot
Average rate on 30
World Series 9-inning games averaged 3 hours, 1 minute — fastest since 1996
Kim Kardashian Spotted at Odell Beckham Jr.'s Star-Studded Birthday Party in NYC
Why It Took The Crown's Elizabeth Debicki 30 Hours to Transform Into Princess Diana