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- As high prices, rising rents and tight credit requirements continue to make homeownership difficult for many families, some private and nonprofit developers are trying to find ways to make homeownership more accessible for renters.
- A 100-unit apartment house with one- and two-bedroom units is planned for 627 York Road near the SunTrust Bank. A spokeswoman for the developer, Federal Realty Investment Trust, said mid-2016 is the target for opening.
- Developers are set to receive tax credits designed to spur the construction of new apartments and homes in Baltimore under legislation the City Council approved Monday.
- Baltimore-based Mars Super Markets Inc. plans to close its Edison Highway distribution center on March 9 and and lay off 78 workers, the company said Monday.