Washington County signed five contracts to lease land at Hagerstown Regional Airport ten years ago. However, the properties are being made taxable when the state agency discovered they are being used for profit.
Now, county commissioners take action to own all five properties and make them exempted from the county’s property tax. Developer David Rider gave up the properties for tax-exemption, but will continue to lease them for profit. Read the Entire Article
Federal Programs Related to - Community Development, General/Other
Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones
Federal Programs Related to - Public Finance, Taxation &Monetary Policy
Programs that are primarily engaged in financial administration, taxation and monetary policy. Campaign Finance, Federal Reserve; Monetary Policy; Taxation