Anonymous wrote:
Anonymous wrote:
There's this amazing thing called Google. All you need to do is type in search terms and it's amazing the things it turns up. For example, there was a discussion of this in the news not long ago.
https://wamu.org/story/18/10/31/in-the-race-for-montgomery-county-executive-candidates-are-divided-on-development/
I remember reading about this going in SS and Bethesda in the past. These giveaways are really not uncommon.
In the bill referred to in your link, developers who include at least 25% MPDUs in their projects (double the required percentage at the time) are exempt from impact fees. So developers have to figure out whether it's better for them, financially, to build more money-losing MPDUs or to pay the impact fees. How is this a giveaway to developers? Also, what alternative incentives would you propose for increasing the number of MPDUs, or do you think that affordable housing is not an issue?
Also, the issue here is the City of Rockville, which has its own planning and taxing authority. The bill does not apply to developments in the City of Rockville.