Maryland News

Baltimore Banner: Maryland Housing Secretary Says Rent Control Unlikely

November 7, 2023
Baltimore Banner: Maryland Housing Secretary Says Rent Control Unlikely

At a recent forum, Maryland Department of Housing and Community Development Secretary Jacob Day noted that the state legislature is unlikely to consider rent control. Day said rent control measures might not support the rise of such expenses such as real estate taxes and insurance costs, which could dissuade developers from entering the market. Day proposed several other measures to address the cost of housing,  including state funding to invest in financing programs that support housing and affordable housing creation, tax credits for development in certain areas and state government assistance with county-level planning and permitting. – Baltimore Banner

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