The Washington Business Journal recently covered the policy debate in Montgomery County over proposals to fund an expansion of affordable housing preservation and construction. The article cites the observations of MHP President Robert A. Goldman during a County Council Planning, Housing, and Economic Development (PHED) Committee hearing. The full article is here (behind a paywall).
“There’s unbelievable need for resources to do affordable housing,” Robert Goldman, CEO of Montgomery Housing Partnership, a developer, who favors a $100 million fund, told PHED Committee members last week. “Interest rates are rising, construction costs are going through the roof. … We need as much resources as possible.”