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Council approves 100% property tax credit for Habitat for Humanity rehabilitation projects
Summary
The council enacted bill 15-26 to implement a 100% property tax credit for Habitat for Humanity properties intended for rehabilitation and near-term transfer to private owners beginning tax year 07/01/2027; the measure passed on a recorded roll-call vote after committee recommendation.
Montgomery County's council voted to enact bill 15-26, which implements a property tax credit program for properties owned by Habitat for Humanity affiliates that are rehabilitated and conveyed to private owners.
Committee testimony and staff summaries described the measure as implementing enabling General Assembly legislation and establishing an application process and annual reporting requirements for recipients. The bill mandates a 100% tax credit for qualified properties beginning in tax year 07/01/2027 and requires annual reports from entities granted the credit.
Council members and the lead sponsor noted the program aims to expand homeownership opportunities for families at low percentages of area median income and to build on earlier pilot partnerships with Habitat affiliates. The committee report recommended enactment, and the clerk recorded a roll-call vote in which council members present voted in favor; the president announced the bill passed.
Council members thanked Habitat for Humanity representatives in the chamber for their partnership and the finance staff who worked on technical details.
The bill was adopted and will take effect per the statutory schedule and the implementation steps described in the legislation and staff packet.
