In a recent post on Greater Greater Washington, Dan Reed for Just Up the Pike shows that White Flint is second in Montgomery County for the number of residential units in the pipeline with 3,827 homes waiting to be built.
If you add all of the county’s master plan or sector plan areas up, there were about 47,000 homes that have been approved to be built as of May 2018. This is what county officials call “the pipeline.” Of those 47,000 homes in the pipeline, 15,000 of those homes have building permits and are in some stage of construction. That leaves about 32,000 homes that are waiting to be built. Nearly all of these homes are located in urban areas with access to transit.
The pipeline may not be enough to meet current and future population growth. Montgomery County grew by 70,000 people since 2010, or about 25,000 households. But the county only added about 21,000 homes, leaving a deficit of 4,000.
On top of that, according to the Metropolitan Washington Council of Governments (MWCOG), we expect about 208,000 new people to move here in the next 20 years, and we’ll need about 87,000 new homes for those people. So we need about 91,000 homes, and we’ve approved 48,000. That’s 43,000 houses that we need to build.
And the homes we’ve already approved to build may not be where we need them to be. It can take decades to build all the homes in the pipeline — there are homes that were approved in the 1980s and 1990s still waiting to be built — and, as a result, the pipeline doesn’t always match current trends.
Twenty years ago, most of the county’s growth and investment was happening on the suburban fringe, while closer-in urban areas were declining. Today, that trend has basically reversed, and it’s in those closer-in areas where home prices are rising the fastest due to demand.
You can read the rest of the article, including a more detailed analysis of what’s preventing homes from being built in certain areas of the county as well as the consequences of this housing shortage at https://ggwash.org/view/68435/heres-where-montgomery-county-is-and-isnt-growing