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 Temporary Executive Regulation

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MCER NO. 27-06T:  TEMPORARY DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS REGULATION - Payment in Lieu of Taxes

SUMMARY:  This temporary regulation amends criteria under which the Director of Finance may authorize a payment in lieu of taxes (PILOT) for affordable housing that qualifies under state law to make such payments by adding authority for a PILOT under Section 7-503 of the Tax-Property Article of the Maryland Annotated Code.  This temporary regulation supersedes Executive Regulation 52-18M.01.02. and became effective 12/22/06.

AUTHORIZATION:  Montgomery County Code, 2004, Section 52-18M.

COPIES OF THE TEMPORARY REGULATION:  A copy of the proposed regulation may be obtained from Stephanie Killian, Multifamily Housing Manager, DHCA, Council Office Building, 100 Maryland Avenue, 4th Floor, Rockville, Maryland, 20850; 240/777-3693;
TTY 240/777-3679.  Email:  stephanie.killian@montgomerycountymd.gov

 

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