Wicomico County is offering an employment incentive grant program to spur single-family housing construction in the county. Wicomico County Executive Rick Pollitt and the Department of Planning, Zoning & Community Development reported that as of the beginning of September, 30 applications have been received for the program. Only 74 grants will be awarded during fiscal year 2015.
From Wicomico County’s press release:
Jason Malone, of Malone Homes commented, “This program keeps me from raising prices due to increases in material costs.”
The amount of each award is $5,321 and requires the developer to meet certain conditions including initiating construction of the home within 3 months of receiving the permit.
“This is our latest ‘jobs’ initiative, designed to spur construction of residential housing. I am happy that we were able to secure funding in this year’s budget for our incentive grant program,” County Executive Pollitt said.