Breakfast links: Montgomery County Council passes rent stabilization bill with 6% rent cap
Downtown Silver Spring facing north over the Metrorail and railroad tracks by MW Transit Photos used with permission.
MoCo Council caps rent increases at 6% in rent stabilization bill
The legislation permanently caps annual rent increases in line with the region’s consumer price index plus 3% with a maximum cap of 6%, meaning some years the cap may be lower than 6%. An amendment to increase the cap failed, as did one to make it temporary. Two amendments to exempt private landlords with four or fewer units, and buildings that have been renovated for the next 15 years were also included in the final bill. (MoCo360)
Congressional compromise reached on additional flights from Washington National Airport
After some members of Congress originally pushed for 28 new daily flights to and from government-owned Washington National Airport, they have agreed to compromise at seven additional daily round trips, which would increase daily flights by less than 2%. (Lori Aratani / Post)
MTA could be facing ADA compliance lawsuit over paratransit violations
A federal investigation has found that the Maryland Transit Administration (MTA) has violated the Americans With Disabilities Act (ADA) in the administration of its MobilityLink paratransit service. The report cited insufficient pickups and dropoffs of passengers, along with inadequate telephone service for riders to use to request the service. MTA leadership has vowed to fix issues, but if they are not resolved within a 14-day window that started on June 29, the US Attorney’s Office has stated they will file a lawsuit against the agency. (Bryan P. Sears / Maryland Matters)
Community leaders voice concerns that developments near Wharf don’t benefit historic community
A recent Bisnow summit held at the Anthem theater at the Wharf highlighted gaps in how longtime community leaders and developers see the neighborhood, both its new development and existing opportunities. While several developers note efforts to exceed inclusionary zoning and hiring targets, other panelists with ties to or former residency in the community spoke of gaps in engaging the community, ensuring living wage job creation, and protecting housing affordability for longtime residents. (Emily Wishingrad / Bisnow)
City of Alexandria notes Southern Towers still has over 50 mandated affordable units
The units, including 17 one-bedroom units and 56 studio apartments, are available for residents making less than 60% of area median income, as mandated by the City of Alexandria’s Office of Housing, priced at $1,700 or less. However, the complex has faced criticism recently for evictions in market-rate units and the designated units have varying time limits for continued affordability. (Vernon Miles / ALXNow)
Bloomingdale housing market down from 2022
Prices for townhomes and condos have dropped by 4-6% since 2022, but the median home price remains just above $1 million. About 30% of homes in the area have sold in ten days or less during 2023 so far. (UrbanTurf)
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