Marylanders will soon be able to live closer to mass transit as a new state law clears the way for the development of thousands of new housing units.
Gov. Wes Moore signed the Maryland Transit and Housing Opportunity Act on Tuesday morning. It’s a measure that prioritizes redevelopment projects around major transit lines. Starting in 2027, these areas will be designated enterprise zones and get favorable tax and financing treatment.
“We don’t just have a housing shortage in Maryland, we have a housing crisis in Maryland,” Moore said in an Annapolis bill-signing ceremony. “It’s not just that the state, before, wasn’t trying to solve it. It’s actually that the state was getting in the way of trying to fix it.”…