Provides financial incentives to economic development and redevelopment in three revitalization districts: the Prince George’s Plaza Transit District Overlay Zone, the West Hyattsville Transit District Overlay Zone, and the Gateway Arts & Entertainment District.
Eligible projects include new construction, reconstruction, infill development, redevelopment, revitalization, or rehabilitation of residential (excluding single-family detached), commercial, hospitality, office, existing parking lots, or mixed-use properties. Projects are often large-scale and must be consistent with the mission and goals of the City and provide a significant fiscal benefit to the City and its residents.
If interested in learning more about the Tax Credit, contact the Department of Community & Economic Development.