Anonymous wrote:Anonymous wrote:Anonymous wrote:Affordable housing is a simple matter of economic justice.
Don’t you support economic justice?
Workforce not affordable.
This “workforce housing” isn’t even affordable for the workforce it claims to be helping.
Anonymous wrote:Anonymous wrote:Affordable housing is a simple matter of economic justice.
Don’t you support economic justice?
Workforce not affordable.
Anonymous wrote:Affordable housing is a simple matter of economic justice.
Don’t you support economic justice?
Anonymous wrote:I wish someone could come up with a way to incentivize building some smaller cheaper homes.
Just taking one example. We had friends—fed married to a nurse—renting an old construction reasonably sized SFH. Unfortunately it needed substantial renovations. They would have loved to buy it and renovate but could not afford cost to buy, renovate and rent to live elsewhere. It didn’t make financial sense for the owner to renovate it — they sold to a develop who knocked it down and built a big fancy house and sold it for 1.5M or something like that. That is happening all around our neighborhood — older reasonably sized homes in need of some renovation that used to sell for 700K knocked down to build 1.5m houses (or more). The beighborhood character is gradually changing with fewer teachers, military, Feds and non profit workers, and more lawyers doctors and bakers. I’d love some sort of incentives to renovate older stock or at least replace them with houses in the same price range.
Anonymous wrote:Is there any map of where the new changes are allowed? Or is it everywhere,? I’ve lost the thread on the compromise.
Anonymous wrote:For those who supported this, how did you reconcile the mismatch between the stated aims of the bill and what the bill actually does?
The bill defines workforce housing as affordable to people making 120 percent AMI, and its sponsors said the bill was designed to help nurses, firefighters, police officers, teachers, and other public servants have affordable places to live. Currently, 120 percent of AMI equals an annual income of nearly $130k for a single-person household. That translates to rent of about $3,200 a month, which is well above the county’s average rent of about $2,300 a month and right around the average rent for a 2BR apartment.
An MCPS teacher with a masters degree and 25 years of experience tops out at $127k a year. The median salary for a nurse if $85k a year. Firefighters top out around $104k a year. A police officer with five years of experience makes $83k a year. Most county employees will never reach $130k a year.
Anonymous wrote:For those who supported this, how did you reconcile the mismatch between the stated aims of the bill and what the bill actually does?
The bill defines workforce housing as affordable to people making 120 percent AMI, and its sponsors said the bill was designed to help nurses, firefighters, police officers, teachers, and other public servants have affordable places to live. Currently, 120 percent of AMI equals an annual income of nearly $130k for a single-person household. That translates to rent of about $3,200 a month, which is well above the county’s average rent of about $2,300 a month and right around the average rent for a 2BR apartment.
An MCPS teacher with a masters degree and 25 years of experience tops out at $127k a year. The median salary for a nurse if $85k a year. Firefighters top out around $104k a year. A police officer with five years of experience makes $83k a year. Most county employees will never reach $130k a year.