§ 4-1803
215 words·~1 min read·
/md/housing-and-community-development/4-1803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–1803.
(a)A local government qualifies for participation in the Program if:
(1)the local government has:
(i)a 5–year consolidated plan approved by the United States Department of Housing and Urban Development; or
(ii)a comprehensive plan;
(2)the plans listed in item
(1)of this subsection:
(i)have a workforce housing element;
(ii)assess workforce housing needs; and
(iii)contain goals, objectives, and policies to preserve or develop workforce housing; and
(3)the local government provides a statement to the Department indicating:
(i)a desire to participate in the Program; and
(ii)a reasonable expectation of the local government’s ability to provide the matching funds required under § 4–1804 of this subtitle.
(b)The workforce housing element in the 5–year consolidated plan or the comprehensive plan of a qualifying local government may include:
(1)preservation and renovation of existing housing stock;
(2)redevelopment of existing residential areas;
(3)streamlined regulatory processes and reduced regulatory fees for construction or renovation;
(4)financial incentives for construction and renovation including local property tax credits;
(5)special zoning regulations for construction and renovation including inclusionary zoning;
(6)efforts to preserve workforce housing stock for subsequent first–time homebuyers and renters;
(7)coordination with neighboring jurisdictions;
(8)coordination with private sector employers; and
(9)leveraging of federal financial assistance.