BALTIMORE (WBFF) — Baltimore is asking voters to authorize up to $22 million in new borrowing for affordable housing, even as its trust fund has had more than $46 million unspent for three straight years.
The Baltimore City Affordable Housing Trust Fund (AHTF) has faced criticism in recent months for delays in its annual reporting, in addition to one of its grantees being involved in a federal investigation and extensive legal battles.
The fund’s annual reports for fiscal years 2023, 2024 and 2025 were published this month by the Department of Housing and Community Development following a Spotlight on Maryland report about its three-year delay. The city charter requires an annual report…