New Maryland law allows property tax breaks for affordable rental housing allocations
Housing Wire
APRIL 23, 2025
A bill to expand Maryland s existing Payment in Lieu of Taxes (PILOT) program which allows property tax abatements in exchange for housing reserved for low-income tenants has been signed into law by Gov. Wes Moore (D), a move lauded by affordable housing advocates. The state’s Affordable Housing Payment In Lieu of Taxes Expansion Act will authorize the owner of rental property to enter into a payment in lieu of taxes agreement for maintaining at least 25% of the rental housing units loca
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