Temporary Executive Regulation
|
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;
|