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Council adopts property tax credit to support Habitat for Humanity projects
Summary
Council enacted Bill 15-26 to implement a property tax credit for Habitat for Humanity properties used for rehabilitation and conveyance to new owners; sponsors framed it as a tool to advance homeownership opportunities for lower-income families.
On final reading July 21 the Montgomery County Council adopted Bill 15-26 to create a property tax credit for properties owned by Habitat for Humanity affiliates that are rehabilitated and conveyed to new owners. The government operations and fiscal policy committee recommended enactment; lead sponsor Councilmember Friedson said the measure follows enabling state law and implements a county-level credit to support homeownership opportunities for households earning between 30–80% of area median income.
Friedson thanked Habitat for Humanity representatives and cited an existing pilot and a forthcoming example in Rockville; committee staff noted the bill requires annual reporting from entities that receive the credit and clarifies the period for which the credit applies. The roll call recorded unanimous support.
