Sagamore Development agrees to 20 percent...

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Sagamore Development has agreed to provide 20 percent of its housing stock at the massive Port Covington project as affordable housing units, sources close to ongoing negotiations said Friday. The inclusionary housing pledge is expected to be announced next week as Sagamore seeks approval from a City Council committee of legislation for a record-setting $660 million tax increment financing request. In a draft copy of a new memorandum of understanding obtained by the Baltimore Business Journal,…