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Laurel Park Station development gaining steam

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Five years after Howard County planning officials approved initial plans for a major transit- oriented development next to the Laurel Park race track , the project is back on the rails. New plans for the first phase of Laurel Park Station were recently submitted to Howard County's Department of Planning and Zoning, according to DPZ Deputy Director Raj Kudchadkar . The whole project is slated to bring 1, 000 residential units – a mix of apartments, condominiums and townhouses – as well as 127,000 square feet of retail space and 650,000 square feet of office space to a 65-acre plot of land in North Laurel, currently a parking lot adjacent to the Laurel Park MARC train station . Construction will take place over a period of eight to 10 years, according to Aaron Greenfield, an attorney for Laurel Park. The project is divided into four phases. "It's a transit- oriented development , so it's smart growth," Greenfield said. Phase one will bring 220 residential unit...

Charlotte Housing Trust Fund could run dry soon

Charlotte’s biggest source of funding for affordable housing projects could soon run dry, as a City Council committee voted Wednesday to move forward with its biggest-ever round of new projects. It’s the latest step in the city’s push to create or preserve 5, 000 affordable housing units over three years, a goal City Council voted to adopt in the wake of the Keith Scott shooting and subsequent unrest last year. City staff said Wednesday that the city is almost halfway to that goal, though the total includes rehabilitated residences and down payment assistance for homebuyers, in addition to brand-new affordable units . The allocations from Charlotte’s Housing Trust Fund that the committee voted to move forward with Wednesday will provide financing for 769 new, income-restricted apartments in five buildings, though the projects also need approval for federal low- income housing tax credits . The aggressive approach to spending could build more apartments faster, but it will leave...