Since 2017, bill 31-16 provides a tax credit for urban agricultural properties (between 1/2 acre and 3 acres and which are used solely for urban agricultural purposes) but are zoned residential and used solely for urban agricultural purposes. The owner may live in a house on the property. The tax credit is limited to those properties for which the property owner has more than $5,000 in gross income from the sale of products grown or raised on the property.
To be eligible for the credit, a property must be within 1,000 feet of a Metro Station Policy Area. The amount of the credit is 80% of the County property tax on the property. The credit is available for 5 years and is renewable (application must be filed) for an additional 5 years of tax credit. The total number of years a property may receive the credit is 10 years. If there is not $5,000 of gross income for the property, the tax credit will be terminated.