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Baltimore County Council Approves 30-Year Tax Credit for Metro Centre and Security Square

The expanded incentive ties eligibility to a 10% affordable-housing requirement or qualifying taller residential construction.

Overview

  • The council voted unanimously Monday to extend the revitalization tax credit to the Owings Mills and Woodlawn sites, sponsored by Councilmen Julian Jones and Pat Young.
  • County analysis estimates roughly $500,000 in foregone revenue per year, totaling about $16.5 million over 30 years if projects qualify.
  • Projects become eligible with residential improvements that include at least 10% affordable units, or for residential and senior housing buildings that reach at least 60 feet.
  • County Executive Kathy Klausmeier praised the decision, while some council members and housing advocates questioned coupling the two sites, the 10% set‑aside, and the west‑side focus.
  • Developer Howard Brown has interests connected to the properties; Metro Centre is largely built as a transit-oriented hub, and Security Square’s overhaul is early with the county owning 39 of 88 acres and seeking a developer.