About 5,000 more Howard County households will soon be able to take advantage of the Aging in Place Tax Credit, thanks to rule changes passed last month by the County Council and signed by the county executive. The tax credit was enacted by the Maryland General Assembly in 2017 to encourage older adults to “age in place” in their longtime homes. The state law requires that a resident age 65 or older reside in the same home for a number of consecutive years in order to apply for a 20% property tax credit.
Thousands more Howard County residents can now take advantage of Aging in Place Tax Credit
November 3, 2022