Current:Home > ContactMaryland Gov. Wes Moore testifies for bills aimed at making housing more affordable -Balance Wealth Academy
Maryland Gov. Wes Moore testifies for bills aimed at making housing more affordable
View
Date:2025-04-27 15:15:25
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! (9)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Was Facebook down on Super Tuesday? Users reported outages on primary election day
- New York library won't let man with autism use children's room. His family called the restriction 'callous'
- Justin Timberlake announces free, one night concert in Los Angeles: How to get tickets
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Oscar predictions: Who will win Sunday's 2024 Academy Awards – and who should
- Gisele Bündchen Addresses Her Dating Life After Tom Brady Divorce
- Looking for a deal? Aldi to add 800 more stores in US by 2028
- See you latte: Starbucks plans to cut 30% of its menu
- Putin’s crackdown casts a wide net, ensnaring the LGBTQ+ community, lawyers and many others
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Watch as onboard parachute saves small plane from crashing into Washington suburb
- In State of the Union address, Biden to urge Congress to pass measures to lower health care costs
- Margaret Qualley to Star as Amanda Knox in New Hulu Series
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Lone orca kills great white shark in never-before-seen incident, scientists say
- Maine mass shooter Robert Card had 'traumatic brain injuries,' new report shows
- Lawsuit filed against MIT accuses the university of allowing antisemitism on campus
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Women's basketball conference tournaments: Tracking scores, schedules for top schools
Tennessee lawmakers advance bill to undo Memphis’ traffic stop reforms after Tyre Nichols death
Lawyers say a trooper charged at a Philadelphia LGBTQ+ leader as she recorded the traffic stop
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Behind the scenes at the Oscars: What really happens on Hollywood's biggest night
Mom arrested after mixing a drink to give to child's bully at Texas school, officials say
Gisele Bündchen Addresses Her Dating Life After Tom Brady Divorce