Council Approves TIF Package for Viva White Oak Development
ElrichFeb 24, 2026
FromStatement - Montgomery County, MD
Email“Statement from County Executive Marc Elrich on Passage of the Tax Increment Financing Package for Viva White Oak Development”
ReceivedFeb 24, 2026
The Montgomery County Council voted on Feb. 24, 2026 to approve a Tax Increment Financing (TIF) package for the Viva White Oak development in East County, developed by MCB Real Estate. The project is projected to deliver approximately 5,000 new homes, more than 9,000 permanent jobs, parks, trails, retail, and mixed-use space. Independent analysis cited by County Executive Marc Elrich found the TIF will not affect the county's general fund or bond rating, with future growth at the site funding required infrastructure.
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Key dates
2026-02-24
effective — County Council passage of the Viva White Oak TIF package
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