What's Hot: 142-Unit Development At Inn of Rosslyn Site Moves Forward | Mortgage Rates Inch Closer To 7%
Montgomery County Considers Exceptions to Housing Moratorium
✉️ Want to forward this article? Click here.
A week after news broke that Montgomery County is likely to extend a housing moratorium amidst imbalances in public schools and housing availability, the County Council is exploring loosening some restrictions in the moratorium.
On Tuesday, Montgomery County Councilmembers Craig Rice and Hans Riemer introduced an amendment to the 2016-2020 Subdivision Staging Policy, which outlines the basis of the current moratorium. The amendment would permit approval of housing developments within the moratorium area if the development would house no more than 10 students to the affected school and meets either of the following conditions:
- Over half of the housing units would be for households earning up to 60 percent of area median income, or
- The development is either near or in an Opportunity Zone and will either repair or replace a blighted property.
"Moratoriums were put in place for a good reason and I do not want to diminish the purpose they serve," Councilmember Rice wrote in an introductory memo to the council. "This SSP amendment ensures that any new development would not significantly add to the overburden of capacity of schools in moratorium by enacting a strict limit of (10) or less students that any new development might generate."
Since January 2017, the county has required that any new development applications could only be approved if they demonstrated that nearby public facilities, including schools, would not be over-burdened. A moratorium on new residential development is established in any area feeding into a public high school at 120 percent capacity; this same capacity applies to middle and elementary schools, although these would also factor in middle schools going 180 students over capacity, and elementary schools going 110 students over capacity.
The amendment and debate surrounding the moratorium come amidst efforts to study school boundary redistricting and mitigate the impacts of a housing shortage in the county. The County Council will hold a hearing on the amendment June 11.
This article originally published at https://dc.urbanturf.com/articles/blog/montgomery-county-considers-exceptions-to-housing-moratorium/15299.
Most Popular... This Week • Last 30 Days • Ever
Buffett called the five-bedroom listing home when his father, Howard Buffett, was ser... read »
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
The application may signal movement on the massive mixed-use project.... read »
Penzance has unveiled its striking new plans for Rosslyn.... read »
A new report finds that the current housing market is split into two groups.... read »
- The Oracle of Spring Valley: Warren Buffett's Childhood Home in DC Hits the Market
- What Are Estate Taxes and How Do They Work?
- Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
- Three Buildings, 862 Units: The New Plans For Rosslyn's Skyline
- The Two Housing Markets
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro