MoCo

Commission on Veterans Affairs Honors Fallen Hometown Heroes from Military Action Dating to World War I with Online Tributes as Memorial Day Approaches

By Patrick Herron

Montgomery County has announced that the Commission on Veterans Affairs is honoring local veterans killed in action on www.montgomerycountymd.gov/fallenheroes. (more…)

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County Council Expected to Vote on a Preliminary Agreement for the County’s $7.1 Billion Fiscal Year 2025 Operating Budget and FY25-30 Capital Improvements Program at Meeting on May 16

By Patrick Herron

The Montgomery County Council will meet on Thursday, May 16 at 10am to take straw votes on the Fiscal Year (FY) 2025 Operating and Capital Budgets and reconcile the FY25-30 Capital Improvements Program (CIP). More detail on each agenda item below courtesy of montgomerycounty.gov:

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Maryland Condo Act Undergoes Change to Make it Easier For Condo Associations to Approve Leases for Clean Energy Equipment

By MCS Staff

New legislation (Bill HB 0216), sponsored by Maryland State Delegate, Lorig Charkoudian, Ph.D., and Maryland State Senator, William C. Smith Jr., has been passed and introduces new amendments to the Maryland Condo Act. Under the Maryland Condo Act, Bill HB 0216 will allow condominium board of directors to grant leases of more than one year for the installation and use of leased clean energy equipment. This new legislation will make it easier for condo associations in Maryland to approve leases for clean energy equipment, such as electric vehicle recharging equipment, solar energy equipment, and energy storage systems.

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Department of Housing and Community Affairs and Housing Opportunities Commission Launch Nonprofit Fund to Preserve Affordable Housing

By Patrick Herron
Courtesy Maryland-National Park and Planning Commission, Montgomery County Planning Department, via www.montgomerycountymd.gov/dhca

Montgomery County, alongside the Housing Opportunities Commission of Montgomery County (HOC), has announced the launch of the Nonprofit Preservation Fund (NPF), aimed at safeguarding affordable housing. According to the county, “The NPF will be funded with $50 million by Fiscal Year 2025 to provide low-interest interim loans to support nonprofit developers and HOC in acquiring and preserving naturally occurring affordable housing (NOAH).”

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Affordable Housing Developer MHP Has Raised $15.8 Million for Plan to Expand/Preserve Affordable Housing in MoCo/DMV

By MCS Staff
Courtesy MHP

Nonprofit affordable housing developer MHP has officially launched a new $20M campaign to double its impact by the end of the decade, activating a plan to expand and preserve more affordable housing in Montgomery County, MD and across the DMV. As of today, MHP has raised $15.8M, 79% of its goal. The news was first reported this morning by Source of the Spring.

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