# § 10 Affordable housing funds.

Current through 2026-10-01. Source: Laws of Md., ch. 485 (2026 Session Md. Gen. Assembly). Published by the Baltimore City Department of Legislative Reference.

## § 10 Affordable housing funds.

Balt., Md., Charter art. I, § 10 (2026)

(a) By Ordinance, the Mayor and City Council of Baltimore may establish 1 or more continuing, nonlapsing funds for purposes of promoting economically diverse housing in City neighborhoods, including:

  (1) providing assistance, by loan, grant, or otherwise, for the planning, production, maintenance, or expansion of affordable housing in the City;

  (2) providing assistance, by loan, grant, or otherwise, to persons unable to obtain affordable housing; and

  (3) otherwise increasing housing opportunities for working families and other persons of low and moderate income.

(b) A fund established under <cite data-path="I|§10">this section</cite> may comprise:

  (1) money appropriated to the fund  in the annual Ordinances of Estimates; and

  (2) grants or donations made to the fund.

(c) Notwithstanding any other provision of this Charter, unspent portions of a fund established under <cite data-path="I|§10">this section</cite>:

  (1) remain in the fund, to be used exclusively for their ordained purposes;

  (2) do not revert to the general revenues of the City; and

  (3) their appropriations do not lapse.

*History: Res. 06-015, ratified Nov. 7, 2006*