Committee backs codifying and expanding Move grant program, raising award cap to $150,000
The Montgomery County Economic Development Committee recommended sending Bill 11-24 to the full council with amendments to codify the Move program, remove explicit Class A/B language, raise the maximum award from $80,000 to $150,000, allow expansion grants and explicitly include nonprofits, and require regulatory reporting and a one-year evaluation.
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The Montgomery County Economic Development Committee on July 6 recommended that the full council enact Bill 11-24, which would codify the county’s Move grant program and broaden who is eligible for rent-support grants aimed at reducing office vacancy.
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