Job Creation and Capital Investment Real Property Tax Credit
A property tax credit program offering 3 to 15 years of credits on the county portion of real estate taxes for qualified businesses that expand, relocate, or locate in Washington County and increase employment. Offered by Washington County Department of Business and Economic Development.
Key Facts
- Funder
- Washington County Department of Business and Economic Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
A property tax credit program offering 3 to 15 years of credits on the county portion of real estate taxes for qualified businesses that expand, relocate, or locate in Washington County and increase employment. Three tiers are available based on square footage acquired, new jobs created, and capital investment levels: Tier 1 (existing business, 3-year credits at 55%/40%/25%) for businesses adding new/expanded space and at least 1 new full-time job; Tier 2 (new business, 6-year credits at...
Full requirements and application instructions: official listing.
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