The credits are available in all census tracts inside the Beltway where the median household income does not exceed the County’s median. Eligible improvements to real property located within these districts shall be allowed a tax credit on County real property taxes.
Eligible Improvements
- Construction, reconstruction, or extension of non-residential structures
- Reconstruction or extension of existing residential structures
- Construction or reconstruction of new single-family residential structures that are built on lots on which a residential structure has been razed or demolished within the prior five years, or on vacant lots between adjacent lots with single-family residential structures
- New construction in developments of less than ten one-family dwellings
- New construction in developments of ten or more one-family dwellings, or new multi-family units, may be eligible for the tax credit upon resolution of the County Council