PILOT

A PILOT (Payment in Lieu of Taxes) enables the City of Baltimore to allow a business, landowner or developer to substitute the annual real estate taxes due on a property with a negotiated payment for a limited time period.  PILOT is granted for qualifying projects, which might not otherwise be undertaken because it is too cost-prohibitive.

All PILOTS must meet specific requirements, but economic development projects must undergo a cost-benefit analysis to determine returns to the developer and benefits to the City. For more information about PILOTs, please contact us at info@BaltimoreDevelopment.com.