Rental housing possibilities in Baltimore City may soon improve with the infusion of $7.5 million in funds, released to bolster and expand high-quality, affordable rental housing options.
Mayor Brandon M. Scott and the Baltimore City Affordable Housing Trust Fund announced the release of the funds to support both the construction of new affordable rental housing and the rehabilitation of existing affordable rental units. This latest round (the seventh) demonstrates continued commitment to expanding viable housing options for Baltimore City residents. The Trust Fund is administered through the Department of Housing and Community Development (DHCD).
“Access to affordable, high-quality rental housing is the way we make sure lottie, dottie, and everybody can afford to live in Baltimore,” Scott said. “By creating more rental housing and rehabilitating existing rental units, we can attract essential workers, keep household dollars circulating locally, and break cycles of poverty for families and children.”…