Part III – Inclusionary Requirements

that provides 20 or more dwelling units;

that receives:

that is newly constructed, wholly renovated, or converted from a non-residential building; and

the cost of the construction or conversion exceeds $60,000 per rental unit.

In every residential project subject to this section, at least 5% of all dwelling units for rent must be affordable units to low income households.

In every residential project subject to this section, at least 5% of all dwelling units for rent must be affordable units to very low income households.

In every residential project where the developer is offered an additional subsidy or offered the opportunity to apply for an additional subsidy for affordable units for very low income or extremely low income households, up to an additional 5% of dwelling units for rent must be affordable to very low and extremely low income households upon an award of the additional subsidy.

dormitories, as defined in <cite data-path="32|1|3|1-305|(g)">§ 1-305(g)</cite> of the <cite data-doc="City of Balt., Md., Ord. 24-308" data-path="32">Zoning Code</cite>;

fraternity or sorority houses, as defined in <cite data-path="32|1|3|1-306|(p)">§ 1-306(p)</cite> of the <cite data-doc="City of Balt., Md., Ord. 24-308" data-path="32">Zoning Code</cite>;

residential-care facilities, as defined in <cite data-path="32|1|3|1-312|(p)">§ 1-312(p)</cite> of the <cite data-doc="City of Balt., Md., Ord. 24-308" data-path="32">Zoning Code</cite>; or

a residential project that is designed for, marketed to, and leased to students enrolled in accredited educational institutions located in Baltimore City, also known as “student housing”.

Residential projects required to submit an inclusionary housing plan under subsection (a) must submit a plan in the form established by the Commissioner.

An inclusionary housing plan must include a plan for affirmatively marketing the affordable units in the residential project to those individuals least likely to apply to become tenants without special outreach efforts.

the number of affordable units in the residential project for each income level applicable under this subtitle;

the square footage of each bedroom in each affordable unit;

whether an affordable unit is leased and occupied at the time of the report and to which income level the tenant belongs;

whether or not the residential project is in compliance with the inclusionary housing plan;

the number of tenants, delineated by group, occupying affordable units who were identified as belonging to a group least likely to lease as a result of the affirmative marketing required under <cite data-path="13|I|2B|III|2B-22|(b)">§ 2B-22(b) {“Inclusionary housing plan requirements”}</cite> of this subtitle;

an accounting of the monthly rent collected for each affordable unit for that year, as prepared by an independent accountant;

a comparison, displayed as both a number and percentage, of the monthly rent collected for each affordable unit against the monthly rent that could have been collected if each affordable unit was a market-rate unit, as prepared by an independent accountant;

an accounting of the efficacy of the high-performance inclusionary tax credit;

the type of major public subsidy that made the residential project subject to the affordability unit requirements of this subtitle; and

any additional information related to compliance with this subtitle or any rules and regulations issued under this subtitle as determined by the Commissioner.