HCEDA Releases Economic and Fiscal Assessment Regarding the Howard County Adequate Public Facilities Ordinance (APFO) Legislation

In preparation for tonight’s Public Hearing on the proposed Howard County Adequate Public Facilities Ordinance (APFO) legislation, also known as CB01-2018, the Howard County Economic Development Authority (HCEDA) is releasing an independent high-level assessment of the possible impact of CB01-2018.

One of roles the HCEDA plays in the community is to provide research data and information to the public discourse as important policy is being debated concerning matters that affect economic development in Howard County.

Completed by Dr. Richard Clinch from the Jacob France Institute at the University of Baltimore and Ed Steere of Valbridge Property Advisors, the assessment performed a high-level analysis to quantify the economic and fiscal impacts if CB01-2018 is enacted and has the effect of a building moratorium in Howard County.

The report is available to be viewed on the HCEDA website by clicking the link below.
http://hceda.org/media/56683839/HoCoAPFO18.pdf

More information regarding the council hearing can be found on the Howard County Council Website by clicking the link below.
https://cc.howardcountymd.gov/Calendar/EventId/862/e/county-council-legislative-public-hearing-16-jan-2018