Impact By State
Between now and 2030, Maryland will need to build 6,000 new apartment homes each year to keep up with demand.
The state of Maryland allows rent control in certain counties. Maryland Code, Local Government § 13-923 dictates “The County Commissioners of Washington County may enact a local law or adopt regulations to control the increase of rent in the county.”
Many states have adopted programs and initiatives to tackle the affordability crisis. In Maryland, policymakers and the housing industry have made concerted efforts to address the problem. Examples include:
The Modest Home Choices Act of 2020 would legalize a wide array of multifamily homes, including duplexes, triplexes, quadplexes, cottage clusters, and townhouses. The bill would preempt local restrictive zoning codes in census tracts that meet certain criteria for jobs, transit access, and median household income.
Useful information to help inform and guide the development of viable solutions to the housing affordability crisis.
Last month, in Montgomery County, Maryland, the County Council debated – and then ultimately passed – rent regulation. A detailed rundown of all the particulars in the final version can be found HERE, but the three most important components of it are summarized below.
Price controls are no remedy for inflation. Let’s not run this experiment again.
Samuel Dorman with Fox Business outlines former Treasury Secretary Lawrence Summers response to false claims about a rise in evictions.
