EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL
Introduced by: Councilmembers Young, Clarke, Holton
A BILL ENTITLED
AN ORDINANCE concerning
Title
Inclusionary Housing
FOR the purpose of requiring certain residential projects to provide units at affordable ownership costs or affordable rents; defining certain terms; authorizing certain modifications, waivers, or substitutions under certain circumstances; providing for certain cost-offsets for certain purposes; setting certain standards for affordable units; granting the Housing Commissioner and certain designated housing providers right of first refusal to purchase or rent certain units; requiring the continued affordability of units for a certain period; establishing an Inclusionary Housing Board and providing for its powers and duties; authorizing the Board, the Housing Commissioner, and the Planning Commission to adopt certain rules and regulations; establishing an Inclusionary Housing Trust Fund for certain purposes and providing for its governance; establishing an inclusionary-housing property-tax credit, contingent on enactment of State enabling legislation; authorizing certain adjustments to lot area per dwelling requirements; establishing an Inclusionary Housing Overlay Zoning District for certain rezoned properties; providing for certain special effective dates; and generally relating to the promotion of affordable residential units.
Body
BY adding
Article 13 - Housing and Urban Renewal
S...
Click here for full text