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Montgomery County Committee weighs supplement as Move lease incentive outpaces FY26 allocation
Summary
Committee heard that the Move lease incentive is oversubscribed for FY26; county staff requested an additional $1.5 million to meet current applications and discussed triage options while council members debated funding priorities.
At a Montgomery County Council Economic Development Committee work session, staff briefed members that the Move program — a grant that helps businesses sign first commercial office leases or expand their existing offices — has outpaced the FY26 allocation and is effectively oversubscribed.
County staff said the FY26 ongoing allocation was increased from $750,000 to $1,650,000 and that the Council approved a one‑time $500,000 supplement, bringing the FY26 program size stated in the packet to $2,150,000. Staff reported roughly $1.6 million has been encumbered or dispersed and…
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