Bill

Bill > HB503


MD HB503

Housing Development Act


summary

Introduced
01/22/2025
In Committee
04/03/2025
Crossed Over
04/01/2025
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Requiring the Department of Housing and Community Development to periodically establish housing production targets for the State and certain local jurisdictions; requiring the Department to publish housing production targets on its website and notify certain local jurisdictions; requiring the Department to publish an annual report assessing the progress of the State and certain local jurisdictions with meeting specified housing targets; establishing the Housing Opportunities Made Equitable Commission; etc.

AI Summary

This bill establishes a comprehensive framework for addressing housing development and infrastructure in Maryland. The legislation creates a new Housing Development Act that requires the Department of Housing and Community Development to establish housing production targets for the state, counties, and municipalities every 10 years. The department will analyze employment demand, housing demand, and population growth to set these targets, and will publish annual reports assessing progress toward meeting these goals. The bill also introduces a new Housing Opportunities Made Equitable Commission, comprising legislators, state officials, and experts in housing and related fields, tasked with studying and making recommendations to improve housing supply and affordability. Additionally, the bill includes provisions to streamline housing development project approvals by establishing that once a housing project is approved, it has a vested right to its authorized use and development for at least 5 years. The legislation aims to address housing infrastructure challenges by creating more predictable and supportive regulatory processes for housing development across Maryland, with a focus on increasing housing supply and making housing more accessible and affordable.

Committee Categories

Education, Transportation and Infrastructure

Sponsors (18)

Last Action

Rereferred to Education, Energy, and the Environment (on 04/03/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...