Baltimore Needs 16,000 Housing Units To Attract New Residents

What’s happening?

As Baltimore City weathers a decades-long population decline, Live Baltimore Executive Director Annie Milli said the city needs to build 16,000 new housing units—including luxury and affordable apartments, townhouses, and single-family homes—to attract new residents and reverse the downward trajectory. 

By how much did the population decline? 

Baltimore’s population peaked at 949,708 in 1950. Last year, a mere 585,708 people were counted as residents, according to recent 2020 Census data. Milli described the results as a “call to action” to get more people into the city. New housing could jumpstart the process, she said. 

Anything else I should know? 

Although the Baltimore waterfront is most alluring, Milli said it’s important thatwe develop housing in all areas if our goal is to grow. New housing makes communities more desirable and attracts related investment, namely retail.”

You can read more here. 

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