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Brad Koch

on 3 May 2010

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Transcript of MC/PGC

Prince George's County, MD HOME Program MPDU Program Expanding Homeownership for
Low- to Moderate-Income Households: A Comparison of Prince George's County's HOME program Montgomery County's MPDU program & May 3, 2010 Inclusionary Zoning Zoning ordinance that requires a certain % of residential units in a new development be affordable for low- to moderate-income households 1974
70% of AMI
20 units or more
Density Bonus
Alternate Payments
Alternate Location
Market Driven
Mandatory (Voluntary)
Decreasing Production
Shrinking Waiting List
High-rise condos/density
Alternative Payments
Alternate site
Reversions Program Concerns Title II of the Cranston-Gonzalez National Affordable Housing Act
Formula Grant
States (40%) and localities (60%) Montgomery County, MD Program Concerns Inner & outer (beltway) suburbs
Consolidated Plan
Purple Line
Foreclosures Thank You Questions? HOME Investment
Partnerships Program
Consolidated Plan
80% AMI Housing Policy Implications Flexibility
Public/Private Capacity
Public/Private Funds
Washington Metropolitan Area
Full transcript