Baltimore Council Considering Tax Raise to Support Affordable Housing

BALTIMORE (WBFF) – The Baltimore City Council is considering raising taxes to help pay for affordable housing.

Introduced at Thursday’s council meeting, the bill would raise the city’s recordation tax from 1 percent to 1.2 percent and the transfer tax from 1.5 percent to 1.75 percent.

 

READ MORE HERE: http://foxbaltimore.com/news/local/baltimore-council-considering-tax-raise-to-support-affordable-housing