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5338
COUNTY LOCAL LAWS
Authority or to any other designated housing development
agency or corporation; to provide for control of re—sales
and re—rental prices of moderately priced dwelling units
for a period of five (5) years; and to establish
provisions for enforcement of the Act.
BE IT ENACTED BY THE COUNTY COUNCIL FOR MONTGOMERY
COUNTY, MARYLAND, that -
Sec. 1. There is hereby added to the Montgomery
County Code 1972, a new Chapter 25A, title "Housing,
Moderately Priced", to read as follows:
Chapter 25A
Housing, Moderately Priced.
25A-1. DECLARATION OF LEGISLATIVE FINDINGS.
THE COUNTY COUNCIL FOR MONTGOMERY COUNTY HEREBY
FINDS THAT A SEVERE HOUSING PROBLEM EXISTS WITHIN THE
COUNTY WITH RESPECT TO THE SUPPLY OF HOUSING RELATIVE TO
THE NEED FOR HOUSING FOR RESIDENTS WITH LOW AND MODERATE
INCOMES. SPECIFICALLY, THE COUNTY COUNCIL FINDS THAT:
(1) THE COUNTY IS EXPERIENCING A RAPID INCREASE IN
RESIDENTS OF OR APPROACHING RETIREMENT AGE, WITH
CONSEQUENT FIXED OR REDUCED INCOMES; YOUNG ADULTS OF
MODEST MEANS FORMING NEW HOUSEHOLDS; GOVERNMENT EMPLOYEES
IN MODERATE INCOME RANGES; AND MERCANTILE AND SERVICE
PERSONNEL NEEDED TO SERVE THE EXPANDING INDUSTRIAL BASE
AND POPULATION GROWTH OF THE COUNTY;
(2) A RISING INFLUX OF RESIDENTS INTO HIGHER
PRICED HOUSING IN THE COUNTY WITH RESULTANT DEMANDS FOR
PUBLIC UTILITIES, GOVERNMENTAL SERVICES AND RETAIL AND
SERVICE BUSINESSES HAS CREATED AN INCREASED NEED FOR
HOUSING FOR PERSONS OF LOW AND MODERATE INCOME WHO ARE
EMPLOYED IN THE STATED CAPACITIES;
(3) THE SUPPLY OF MODERATELY PRICED HOUSING WAS
INADEQUATE IN THE MID-1960'S AND HAS GROWN SINCE THEN AT
A RADICALLY SLOWER PACE THAN THE DEMAND FOR SUCH HOUSING;
(4) THE INADEQUATE SUPPLY OF HOUSING IN THE COUNTY
FOR PERSONS OF LOW AND MODERATE INCOME RESULTS IN LARGE
SCALE COMMUTING FROM OUTSIDE THE COUNTY TO PLACES OF
EMPLOYMENT WITHIN THE COUNTY, THEREBY OVERTAXING EXISTING
ROADS AND TRANSPORTATION FACILITIES, SIGNIFICANTLY
CONTRIBUTING TO AIR AND NOISE POLLUTION, AND ENGENDERING
GREATER THAN NORMAL PERSONNEL TURNOVER IN THE BUSINESS,
INDUSTRY, AND PUBLIC AGENCIES OF THE COUNTY, ALL
ADVERSELY AFFECTING THE HEALTH, SAFETY AND WELFARE OF,
AND RESULTING IN, AN ADDED FINANCIAL BURDEN ON THE
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