Anonymous wrote:Anonymous wrote:No one should worrry about slummy properties or multiplexes changing the economic profile of their neighborhoods. Even making optimistic assumptions about land, construction costs, financing costs, and operating costs, rent would need to be north of $3,500 a month per unit to achieve a 7 percent cap rate. That rent requires a $140k annual household income.
The problem for potential small apartment building investors is that there are already a lot of units in DTSS and Bethesda available for less than $3,500 a month. The problem for potential small apartment builders who need financing is that there are already a lot of investments that deliver a better cap rate than 7 percent with less risk.
If you live in a marginal neighborhood then you could see a lot of change as a result of upzoning.
This is all a show. Planning even knows it. Planning and the council want it to look like they’re doing something on housing and economic growth but this iteration of smart growth isn’t going to move the needle any more in the right direction than the previous iterations.
This is the problem. The various policy changes combine to undercut the detached SFH communities in the closer-in suburbs that are among the most affordable.
Bye bye Four Corners. Bethesda & Chevy Chase? No real change. Just widening the gap.
Anonymous wrote:Happy to hear it. I live in a duplex in DC with a big front porch and it’s a great lifestyle.
Anonymous wrote:Anonymous wrote:No one should worrry about slummy properties or multiplexes changing the economic profile of their neighborhoods. Even making optimistic assumptions about land, construction costs, financing costs, and operating costs, rent would need to be north of $3,500 a month per unit to achieve a 7 percent cap rate. That rent requires a $140k annual household income.
The problem for potential small apartment building investors is that there are already a lot of units in DTSS and Bethesda available for less than $3,500 a month. The problem for potential small apartment builders who need financing is that there are already a lot of investments that deliver a better cap rate than 7 percent with less risk.
If you live in a marginal neighborhood then you could see a lot of change as a result of upzoning.
This is all a show. Planning even knows it. Planning and the council want it to look like they’re doing something on housing and economic growth but this iteration of smart growth isn’t going to move the needle any more in the right direction than the previous iterations.
This is the problem. The various policy changes combine to undercut the detached SFH communities in the closer-in suburbs that are among the most affordable.
Bye bye Four Corners. Bethesda & Chevy Chase? No real change. Just widening the gap.
Anonymous wrote:No one should worrry about slummy properties or multiplexes changing the economic profile of their neighborhoods. Even making optimistic assumptions about land, construction costs, financing costs, and operating costs, rent would need to be north of $3,500 a month per unit to achieve a 7 percent cap rate. That rent requires a $140k annual household income.
The problem for potential small apartment building investors is that there are already a lot of units in DTSS and Bethesda available for less than $3,500 a month. The problem for potential small apartment builders who need financing is that there are already a lot of investments that deliver a better cap rate than 7 percent with less risk.
If you live in a marginal neighborhood then you could see a lot of change as a result of upzoning.
This is all a show. Planning even knows it. Planning and the council want it to look like they’re doing something on housing and economic growth but this iteration of smart growth isn’t going to move the needle any more in the right direction than the previous iterations.
Anonymous wrote:Who is filling their pockets? Name & Shame them.
Anonymous wrote:Who is filling their pockets? Name & Shame them.
Anonymous wrote:Does this impact cities like Rockville that have their own govt?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained.
It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot.
These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid.
The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing.
There is a lot here that is false or intentionally misleading. Which is typical for you folks.
First, can we have a discussion without talking about "you folks" and slinging insults?
Second, I'm happy to be corrected on anything wrong, or for anybody to add needed nuance to the statements. You know....have a conversation.
DP but they’re getting rid of setback requirements.
Where have you seen this? I haven't. Genuinely curious.
I think it’s in the attainable housing strategy.
Some of it is in prior MoCo and state initiatives. Remember, this is a long-planned multi-prong approach, intentionally making it difficult for resudents to understand the full effect of all of the combined changes until it is too late.
The assertion is that existing setback requirements are "gotten rid of".
The Attainable Housing Strategy makes multiple references to RETAINING existing setbacks as well as adding a design book to ensure that multi-unit structures are on the same scale as existing SF homes. One example: "Furthermore, the Planning Board recommends establishing zoning development standards (setbacks, height, lot size, etc.) for structures with these new housing types that are consistent with the existing standards for single-family detached homes." (p. 60).
Does anybody have an actual citation to anything that indicates a reduction in setback requirements?
Not today. But it will come.
Just as initial docs did not impact SFH lots. Now, this will. It's a trickle of changes until they all occur bit by bit overtime.
Actually, a just-enacted state law discussed here earlier:
https://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_122_hb0538e.pdf
includes language in section 7-505 that limits restrictions based on setbacks. It applies to some of the properties now under ZTA consideration by MoCo, and the conditions would stack, there.
That's one example. There are others. Priority Housing Districts that MoCo created along the corridors stripped those detached SFH properties from the neighborhoods of which they previously were a part, making several higher-density adjustments. It's layer upon layer of recent actions that will, together, have the sweeping effects that developer-friendly YIMBYs try to hide by approaching it as a patchwork.
This is true if you are talking about any property anywhere. But I thought we were talking about changes to SF zoning? The section you cite very explicitly excludes any property that was zoned for SF as of 1/12024.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained.
It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot.
These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid.
The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing.
There is a lot here that is false or intentionally misleading. Which is typical for you folks.
First, can we have a discussion without talking about "you folks" and slinging insults?
Second, I'm happy to be corrected on anything wrong, or for anybody to add needed nuance to the statements. You know....have a conversation.
DP but they’re getting rid of setback requirements.
Where have you seen this? I haven't. Genuinely curious.
I think it’s in the attainable housing strategy.
Some of it is in prior MoCo and state initiatives. Remember, this is a long-planned multi-prong approach, intentionally making it difficult for resudents to understand the full effect of all of the combined changes until it is too late.
The assertion is that existing setback requirements are "gotten rid of".
The Attainable Housing Strategy makes multiple references to RETAINING existing setbacks as well as adding a design book to ensure that multi-unit structures are on the same scale as existing SF homes. One example: "Furthermore, the Planning Board recommends establishing zoning development standards (setbacks, height, lot size, etc.) for structures with these new housing types that are consistent with the existing standards for single-family detached homes." (p. 60).
Does anybody have an actual citation to anything that indicates a reduction in setback requirements?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained.
It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot.
These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid.
The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing.
There is a lot here that is false or intentionally misleading. Which is typical for you folks.
First, can we have a discussion without talking about "you folks" and slinging insults?
Second, I'm happy to be corrected on anything wrong, or for anybody to add needed nuance to the statements. You know....have a conversation.
DP but they’re getting rid of setback requirements.
Where have you seen this? I haven't. Genuinely curious.
I think it’s in the attainable housing strategy.
Some of it is in prior MoCo and state initiatives. Remember, this is a long-planned multi-prong approach, intentionally making it difficult for resudents to understand the full effect of all of the combined changes until it is too late.
The assertion is that existing setback requirements are "gotten rid of".
The Attainable Housing Strategy makes multiple references to RETAINING existing setbacks as well as adding a design book to ensure that multi-unit structures are on the same scale as existing SF homes. One example: "Furthermore, the Planning Board recommends establishing zoning development standards (setbacks, height, lot size, etc.) for structures with these new housing types that are consistent with the existing standards for single-family detached homes." (p. 60).
Does anybody have an actual citation to anything that indicates a reduction in setback requirements?
Not today. But it will come.
Just as initial docs did not impact SFH lots. Now, this will. It's a trickle of changes until they all occur bit by bit overtime.
Actually, a just-enacted state law discussed here earlier:
https://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_122_hb0538e.pdf
includes language in section 7-505 that limits restrictions based on setbacks. It applies to some of the properties now under ZTA consideration by MoCo, and the conditions would stack, there.
That's one example. There are others. Priority Housing Districts that MoCo created along the corridors stripped those detached SFH properties from the neighborhoods of which they previously were a part, making several higher-density adjustments. It's layer upon layer of recent actions that will, together, have the sweeping effects that developer-friendly YIMBYs try to hide by approaching it as a patchwork.
Yes, this state law completely shreds local zoning authority and allows developers to almost build whatever they want without regard for community impact. It is a complete handout to the real estate and construction industry that steamrolls local communities.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained.
It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot.
These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid.
The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing.
There is a lot here that is false or intentionally misleading. Which is typical for you folks.
First, can we have a discussion without talking about "you folks" and slinging insults?
Second, I'm happy to be corrected on anything wrong, or for anybody to add needed nuance to the statements. You know....have a conversation.
DP but they’re getting rid of setback requirements.
Where have you seen this? I haven't. Genuinely curious.
I think it’s in the attainable housing strategy.
Some of it is in prior MoCo and state initiatives. Remember, this is a long-planned multi-prong approach, intentionally making it difficult for resudents to understand the full effect of all of the combined changes until it is too late.
The assertion is that existing setback requirements are "gotten rid of".
The Attainable Housing Strategy makes multiple references to RETAINING existing setbacks as well as adding a design book to ensure that multi-unit structures are on the same scale as existing SF homes. One example: "Furthermore, the Planning Board recommends establishing zoning development standards (setbacks, height, lot size, etc.) for structures with these new housing types that are consistent with the existing standards for single-family detached homes." (p. 60).
Does anybody have an actual citation to anything that indicates a reduction in setback requirements?
Not today. But it will come.
Just as initial docs did not impact SFH lots. Now, this will. It's a trickle of changes until they all occur bit by bit overtime.
Actually, a just-enacted state law discussed here earlier:
https://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_122_hb0538e.pdf
includes language in section 7-505 that limits restrictions based on setbacks. It applies to some of the properties now under ZTA consideration by MoCo, and the conditions would stack, there.
That's one example. There are others. Priority Housing Districts that MoCo created along the corridors stripped those detached SFH properties from the neighborhoods of which they previously were a part, making several higher-density adjustments. It's layer upon layer of recent actions that will, together, have the sweeping effects that developer-friendly YIMBYs try to hide by approaching it as a patchwork.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained.
It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot.
These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid.
The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing.
There is a lot here that is false or intentionally misleading. Which is typical for you folks.
First, can we have a discussion without talking about "you folks" and slinging insults?
Second, I'm happy to be corrected on anything wrong, or for anybody to add needed nuance to the statements. You know....have a conversation.
DP but they’re getting rid of setback requirements.
Where have you seen this? I haven't. Genuinely curious.
I think it’s in the attainable housing strategy.
Some of it is in prior MoCo and state initiatives. Remember, this is a long-planned multi-prong approach, intentionally making it difficult for resudents to understand the full effect of all of the combined changes until it is too late.
The assertion is that existing setback requirements are "gotten rid of".
The Attainable Housing Strategy makes multiple references to RETAINING existing setbacks as well as adding a design book to ensure that multi-unit structures are on the same scale as existing SF homes. One example: "Furthermore, the Planning Board recommends establishing zoning development standards (setbacks, height, lot size, etc.) for structures with these new housing types that are consistent with the existing standards for single-family detached homes." (p. 60).
Does anybody have an actual citation to anything that indicates a reduction in setback requirements?
Not today. But it will come.
Just as initial docs did not impact SFH lots. Now, this will. It's a trickle of changes until they all occur bit by bit overtime.
Actually, a just-enacted state law discussed here earlier:
https://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_122_hb0538e.pdf
includes language in section 7-505 that limits restrictions based on setbacks. It applies to some of the properties now under ZTA consideration by MoCo, and the conditions would stack, there.
That's one example. There are others. Priority Housing Districts that MoCo created along the corridors stripped those detached SFH properties from the neighborhoods of which they previously were a part, making several higher-density adjustments. It's layer upon layer of recent actions that will, together, have the sweeping effects that developer-friendly YIMBYs try to hide by approaching it as a patchwork.