Project Profile

TischlerBise conducted a fiscal impact analysis for The Howard Research & Development Corporation on a mixed-use rezoning application to increase residential density within the new town of Columbia, Maryland. The proposal included 1,600 units and 600,000 square feet of nonresidential space. Dovetailing on our previous fiscal work for Howard County, TischlerBise conducted a fiscal impact analysis of three alternative development scenarios reflecting the developer’s proposal, by-right development, and higher levels of affordable and age-restricted housing as requested by the County Council. All scenarios generated net surpluses to the County due to the revenue structure in Maryland, which includes both property and local income taxes.