On Thursday, Gov. Larry Hogan’s administration announced financing to help developers build hundreds of low-income apartments in Baltimore suburbs that have traditionally resisted housing the poor.
Maryland’s Department of Housing and Community Development awarded $23 million worth of federal Low-Income Housing Tax Credits to 16 proposed developments in parts of the Baltimore region with “reasonable access to jobs, quality schools, and other economic and social benefits.” All told, the tax credits would help developers create 807 low-income units across the region in what the Department of Housing and Community Development calls “communities of opportunity.”
Three developments would go in the city: two downtown and one in Hampden. The others are proposed for Jessup, Owings Mills, Towson, Lutherville, Eldersburg, Taneytown, Westminster, Fallston, Bel Air, Abingdon, Havre de Grace, Elkridge and Columbia.
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