Stacy Silber featured in NAIOP article on Montgomery County Ending Development Moratoria
Land use attorney Stacy Silber was quoted in a NAIOP article on the Montgomery County Council eliminating a moratoria on new developments.
The change is part of the county’s new Growth and Infrastructure Policy, which took effect January 1 and lasts through 2024. It eliminates residential development moratoria based on school capacity.
From the article:
“In Montgomery County, there is such an understanding that there is a need for more housing to accommodate growth. The county is being creative and figuring out ways to remove some of the barriers to developers coming into the county,” said Stacy Silber of Lerch, Early & Brewer.
The new policy could facilitate both housing growth and a variety of mixed-use and other projects.
“The problem with the previous policy was the moratoria were happening in those areas where the county wanted to direct growth – for example, certain areas of North Bethesda and Silver Spring,” Silber said.
You can read the full piece on NAIOP’s website: New Policy Ends Development Moratoria, Alters Impact Fees in Montgomery County.
NAIOP Maryland represents the state’s commercial real estate industry. The association’s membership is largely comprised of companies involved in development, investment, construction, brokerage, asset management, finance, architecture, engineering and legal services associated with office, industrial, retail and mixed use real estate.
Stacy Silber is a land use attorney who helps developers, national retailers, senior housing providers, and property owners navigate zoning approvals in Montgomery and Prince George’s Counties in Maryland. For more information on the moratoria and other development issues in Montgomery County, contact her at 301-841-3833 or [email protected].