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Department Of Economic Development

Tuesday, January 29, 2013

County Sorts Out Small Business Assistance Program

The program will help small businesses in Wheaton that anticipate a loss of customer parking when construction begins for an office building on Lot 13. But when will the program be funded?

Montgomery County's Department of Economic Development plans to get a headstart on the new Small Business Assistance Program to help local merchants prepare for massive construction on Lot 13 in the heart of Wheaton. Although the program applies to all businesses in the county that are adversely impacted by county redevelopment projects or redevelopment projects on county property, Wheaton businesses will likely be the primary beneficiaries as plans for redevelopment in the downtown area move forward. The County Council passed legislation establishing the program last spring, and the economic development department has been in the process of crafting regulations to implement it. The regulations have been posted on the Executive Register …

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