Maryland is facing a budget shortfall of more than $1 billion, and new state data shows a growing housing crisis is a major factor behind it.
State officials say the lack of housing, especially affordable housing, is driving people out of Maryland, shrinking the tax base and making the state’s financial problems even worse.
At the same time, lawmakers are preparing to make difficult budget decisions that could include spending cuts or tax increases, housing advocates warn that failing to address the shortage will only deepen the problem.
Click here to read the rest of the article written by Shirin Rajaee over at Fox 5 DC
