At tomorrow’s meeting, the City Council will introduce Ordinance 25-O-09, which updates the City’s Revitalization Tax Credit program. This program provides property tax credits to developers and property owners making significant improvements in designated districts, encouraging projects that enhance College Park’s economy, housing options, and community life. The proposed ordinance refines eligibility rules to ensure the credit is focused on projects that deliver the greatest community benefit.

Key Changes in Eligibility Requirements (§ 175-9)

The ordinance expands the scope of projects eligible for the tax credit. In addition to residential, commercial, hospitality, or mixed-use properties, improvements that fall into the following categories would now qualify:

  • Senior Housing

  • Affordable Student Housing

  • Child and Adult Daycare Facilities

  • Active Lifestyle and Amusement Facilities

  • Vocational Training Centers

  • Workforce Housing Properties

At the same time, certain exclusions remain or are refined. Single-family detached housing will continue to be ineligible. While multifamily housing for undergraduate students was previously excluded, it may now qualify if redeveloped into affordable student housing. Similarly, hotels and motels with direct exterior room access remain excluded unless they are renovated for senior housing or affordable student housing. These changes reflect a clear policy direction toward incentivizing affordable housing, workforce development, and family services.

Key Changes in Eligibility Criteria (§ 175-10)

The eligibility criteria used to evaluate projects for Level One and Level Two credits are also updated. Projects that incorporate tree plantings and sustainable infrastructure will now earn eligibility points. In addition, community-serving uses such as senior housing, affordable student housing, daycare centers, and vocational training facilities are explicitly prioritized in the criteria. This ensures the program not only stimulates development but also aligns with broader City goals of sustainability, equity, and livability.

Why These Changes Matter

The Revitalization Tax Credit has long been one of College Park’s most important tools for economic development. By narrowing the focus to projects that provide affordable housing, social infrastructure, workforce training, and environmentally sustainable upgrades, the City is making sure that tax incentives support investments with long-lasting community impact. These refinements also address feedback from residents, developers, and committees on how to make the program more effective and equitable.

Next Steps

If introduced on September 2nd, a public hearing will be scheduled for September 16, 2025, allowing residents and stakeholders to provide input before final action.

📅 Introduction: Tuesday, September 2, 2025 – 7:30 p.m.
📍 Location: City Hall Council Chambers, 7401 Baltimore Avenue, or via Zoom.