incentivize

June 29, 2021 | Maryam Shahzad

Council’s New Regulations Incentivize Housing Development at Metro Stations 

The Montgomery County Council on Tuesday unanimously approved regulations to implement the “More Housing at Metrorail Stations Act,” which aims to incentivize high-rise housing construction at Metro stations by providing a payment in lieu of taxes (PILOT), with some criteria for development. According to the council, the bill offers the PILOT for 15 years for […]

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