The plan would cost over $6 million to complete
CHEVY CHASE, Md. (WDVM) – Montgomery County is considering more affordable housing in Chevy Chase.
The plan begins with the redevelopment of the Chevy Chase Library into a mixed-use development that includes affordable housing. The library is on Connecticut Avenue near the East-West Freeway.
Chevy Chase is one of the wealthiest areas in the county, with a median household income of nearly $200,000 and a median home price of around $1 million.
Affordable housing advocates believe the area needs low-income units. People who don’t like the idea say they’re more concerned about traffic and density.
Montgomery County Council Chairman Gabe Albornoz said, “Nothing has been formally decided at this point. We’re going to look at the plan, and what I’m supporting is to see if that’s a viable option, but that will have to include a traffic study. This will also have to look into the tax notes.
The plan would cost over $6 million to complete.