anchor Description
This project will provide funding to implement the Department of Housing and Community Affairs' (DHCA) Countywide Facade Easement Program for commercial properties in the White Oak area. This funding will comprehensively address the physical deterioration of an older commercial strip that is in need of updating to meet current market demands. All improvements must meet the requirements and criteria of the DHCA's existing Countywide Facade Easement program. The percentage of private investment will be determined based on the project's scope. Private funding is not expected to exceed a third of the total cost to complete the project.
anchorEstimated Schedule
The project expects to begin facility planning and implementation in FY25 and to complete in FY28.
anchor Justification
This project will provide an incentive for business owners to invest in improving their property's exterior, including exterior facade and site improvements. Property owners will be required to contribute to the rehabilitation of their buildings. DHCA will review the Maryland National Capital Park and Planning Commission (M-NCPPC) sector plan for the White Oak community as a guide for implementing this project.
anchorFiscal Note
Shift $500,000 in State funding from the Countywide Facade Easement project to this project.
anchorDisclosures
The County Executive asserts that this project conforms to the requirement of relevant local plans, as required by the Maryland Economic Growth, Resource Protection and Planning Act.
anchorCoordination
Office of the County Executive, Regional Services Centers, Office of the County Attorney, Department of Transportation, Department of Permitting Services, Office of Procurement, the Maryland National Capital Park and Planning Commission, Maryland Department of the Environment, Montgomery County Economic Development Corporation, Maryland Department of Housing and Community Development (DHCD) and Montgomery Housing Partnership (MHP).