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
(Charter Amendment)
Introduced by: President Dixon
A RESOLUTION ENTITLED
A RESOLUTION OF THE MAYOR AND CITY COUNCIL concerning
Title
Charter Amendment - Affordable Housing Trust Funds
FOR the purpose of expressly authorizing the establishment of 1 or more continuing, nonlapsing funds to be used for promoting and assisting in the production, etc., of affordable housing and related purposes; conforming and clarifying certain language; and submitting this amendment to the qualified voters of the City for adoption or rejection.
Body
BY proposing a new
Article I - General Provisions
Section(s) 10
Baltimore City Charter
(1996 Edition)
BY proposing an amendment to
Article VI - Board of Estimates
Section(s) 9(c)
Baltimore City Charter
(1996 Edition)
SECTION 1. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the City Charter is proposed to be amended to read as follows:
Baltimore City Charter
Article I. General Provisions
ยง 10. AFFORDABLE HOUSING FUNDS.
(A) AUTHORIZATION.
BY ORDINANCE, THE MAYOR AND CITY COUNCIL OF BALTIMORE MAY ESTABLISH 1 OR MORE CONTINUING, NONLAPSING FUNDS FOR PURPOSES OF PROMOTING ECONOMICALLY DIVERSE HOUSING IN CITY NEIGHBORHOODS, INCLUDING:
(1) PROVIDING ASSISTANCE, BY LOAN, GRANT, OR OTHERWISE, FOR THE PLANNING, PRODUCTION, MAINTENANCE, OR EXPANSION OF AFFORDABLE HOUSING AND RELATED FACILITIES ...
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