July 20, 2020
Friends of White Flint, a nonprofit organization composed of residents, property owners, and businesses, writes today to urge you to pass Bill 29-20. This legislation will encourage development at both the White Flint and Grosvenor-Strathmore metro station, something we enthusiastically support. This legislation should increase the available stock of housing and spur economic development, both of which are essential to ensure Montgomery County and the Pike District prosper.
We support exempting 100% of the real property tax that would otherwise be levied for a period of 15 years beginning in the year a use and occupancy permit is issued for the qualifying development with the important caveat that the property owner must still pay into the special White Flint taxing district. The special taxing district funds essential infrastructure and is integral to fulfilling the promise of the 2010 White Flint Sector Plan.
With the hope that Bill 29-20 will create incentives to redevelop property at the White Flint and Grosvenor-Strathmore metro station, Friends of White Flint advocates for the passage of this important legislation.
Please don’t hesitate to contact Friends of White Flint if you have any questions or would like additional information.
Amy Ginsburg. Executive Director