Rolling / unspecified deadlineMaryland

New Jobs Tax Credit & Enhanced New Jobs Tax Credit

A Montgomery County local property tax credit program for businesses that expand their space and workforce in Montgomery County. Offered by Montgomery County Department of Finance, Division of Treasury.

Key Facts

Funder
Montgomery County Department of Finance, Division of Treasury
Award amount
Not specified by funder
Deadline
Rolling / not specified
Geography
Maryland
Categories
Community Development
Status
Open

About This Grant

A Montgomery County local property tax credit program for businesses that expand their space and workforce in Montgomery County. The standard New Jobs Tax Credit is a six-year credit for businesses that increase space by at least 5,000 square feet and hire at least 25 new permanent full-time employees. The Enhanced New Jobs Tax Credit targets very large expansion projects in qualified industries, providing a 24-year credit for businesses that add at least 250,000–700,000 square feet and...

Full requirements and application instructions: official listing.

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