Increase the number of affordable rental units for households with incomes 60% below median income by 54% by 2025
For FY 2020 it is expected that there will be an additional 79 affordable units added to the existing inventory. In 2021 the creation of affordable rental units will likely be challenged with the implementation of Adequate Public Facilities Ordinance (APFO) which may reduce the expected creation of units from 2020 to 2029 from 699 units down to 381, furthering the shortage of affordable units. The baseline year for target completion is FY 2018.
- Howard County, with input from a diverse group of community members is currently requesting proposals to develop a Housing Opportunities MasterPlan with an over reaching goal of identifying the County’s affordability issues and needs along with strategies to address them.
- Maintaining the current MIHU program while identifying best practices to more effectively manage the program, especially where affordable rental housing is critically low supply.
- Continue providing financial education classes for those seeking housing in Howard County.
Source: Howard County Department of Housing and Community Development