OTHERPENDING

Montgomery County Council AgendaPacket Bill 15-26 2026-06-16

County Considers Property Tax Credit for Habitat for Humanity

100 percent property tax credit (estimated $458,000 cumulative reduction in revenues between FY28 and FY33)Montgomery CountyHABITAT FOR HUMANITY METRO MARYLAND INCJune 16, 2026

Trusted by teams at

Description

Montgomery County Council is considering Bill 15-26, which would grant Habitat for Humanity Metro Maryland, Inc. a 100% property tax credit for up to five years on properties being rehabilitated or developed for affordable homeownership. The plan anticipates a total property tax revenue reduction of $458,000 over FY28–FY33.

Contract Details

Contract Amount

100 percent property tax credit (estimated $458,000 cumulative reduction in revenues between FY28 and FY33)

Vendor

HABITAT FOR HUMANITY METRO MARYLAND INC

Agency

Montgomery County, MD

Contract Type

OTHER

Document Date

June 16, 2026

Contract Term

Effective for each tax year for a property, not to exceed 5 years per property; starts July 1, 2027

Renewal Date

2032-07-01

Renewal Info

Eligible properties can receive the tax credit annually for up to five years per property while meeting eligibility requirements. Annual reporting and re-application each year required.

More from HABITAT FOR HUMANITY METRO MARYLAND INC