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MoCo Monitor
Housing & Real Estate

Elrich Signs $420M VIVA White Oak Bond Bill

PIO Aug 27, 2026
County Executive Marc Elrich will sign Expedited Bill 31-26 on Friday, Aug. 28 at 10:30 a.m. at the Leggett Executive Office Building in Rockville. The legislation authorizes up to $420 million in bonds and the use of tax increment financing for the VIVA White Oak Development District in Eastern Montgomery County. The $2.8 billion mixed-use project is projected to include over 4,400 residences, 3 million sq. ft. of commercial space, and approximately 9,000 permanent jobs at full buildout.
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Source: Media Advisory - Montgomery County, MD, “Montgomery County Executive Marc Elrich to Hold Bill Signing for VIVA White Oak Development Bond Authorization and Use of Tax Increment Financing”, received Aug 27, 2026.

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