Council Overrides Veto on Office-to-Housing Conversion Bill
Fani-GonzálezApr 29, 2025
The Montgomery County Council voted to override County Executive's veto of Bill 2-25 on April 29, 2025, sponsored by Councilmember Natali Fani-González. The bill establishes a 20-year Payment in Lieu of Taxes (PILOT) for qualifying office-to-housing conversions that include at least 17.5% affordable units. The legislation targets vacant and functionally obsolete office buildings, which had a countywide vacancy rate of 18.5% at the end of 2024.
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Source: Councilmember Natali Fani-González, “Moving forward, not backward, on housing”, received Apr 29, 2025.
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Key dates
2025-04-29
effective — Council overrides veto of Bill 2-25 (office-to-housing tax abatement)
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