Montgomery County Office-to-Residential Conversion Incentive
Planned · Maryland · Last reported Apr 2025
Source: Bisnow
Montgomery County lawmakers passed a zoning amendment and a tax incentive bill aimed at encouraging developers to convert vacant office buildings into residential units. The zoning amendment expedites the approval process for such conversions, while the tax incentive aims to exempt developers from property taxes for 20 years if they include affordable housing units in their projects.
- Status
- Prospective
- Sector
- Commercial, Residential
- Location
- Montgomery County, Maryland, United States of America
- Updated
- 22 Jul 2026
- Source
- Bisnow
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Montgomery County lawmakers passed a zoning amendment and a tax incentive bill aimed at encouraging developers to convert vacant office buildings into residential units. The zoning amendment expedites the approval process for such conversions, while the tax incentive aims to exempt developers from property taxes for 20 years if they include affordable housing units in their projects. |
Original sector | Economic Development |
Location
Country | United States of America (USA) |
State | Maryland |
City | Montgomery County |
Source
Source | Bisnow |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2025-04-12 |
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