Baltimore County will loan a major local developer about $6 million so the developer can keep 460 apartment units on the county's east side at affordable prices for up to 40 years.

County Executive Johnny Olszewski announced this morning that 460 units at three complexes in Parkville, White Marsh and Sparrows Point will have their rates kept affordable for decades to come.

That's more than half of the 918 total units at Springs Townhomes (off of Walther Boulevard in White Marsh), the BLVD at White Springs Apartments (also near Walther Boulevard and Rossville Boulevard in Parkville), and Townhomes in Sparrows Point.

Those complexes are all owned by MCB Real Estate, best known as the developer working to rebuild Harborplace. MCB bought all the complexes in 2022.... Read More: WMAR2NEWS