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Montgomery County, Maryland, is often held to be a pioneer in establishing inclusionary zoning policies. It is the sixth wealthiest county in the United States, yet it has built more than 10,000 units of affordable housing since 1974, many units door-to-door with market-rate housing. [25]
While it took seven years to get the legislation passed and signed by the County Executive, "Montgomery County's law was the first such zoning ordinance in the country, and it has spurred construction of more than 13,000 affordable housing units tucked into some of the county's most exclusive zip codes." [10]
Moody's Investors Service has assigned a Aaa rating to $97.0 million Housing Opportunities Commission of Montgomery County (Montgomery County, Maryland) Multifamily Housing Development Bonds (FHA ...
Rockville Housing Enterprises (the city's public housing agency) owned sixty units of "affordable housing" in Lincoln Park, and had sold fifty-six of them by 2009. [1] A homeowners association was expected to be formed and if an owner wants to sell in less than 30 years, Rockville Housing Enterprises has the right to buy the unit and then re ...
The Montgomery County, Maryland Department of Housing and Community Affairs Commission on Common Ownership Communities also favored the law, calling reserve studies critical to avoiding emergencies for community associations and a "little financial pain" which leads to "lower costs" in future, noting that special assessments or projects will ...
He served as an at-large member of the Montgomery County Council in Maryland from 2010 to 2022. He unsuccessfully ran for Montgomery County executive in 2022, with a platform including affordable housing, environmental policy, and police reform. [1]
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