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Developer proposes senior apartments

August 23, 2006|by TARA REILLY

A developer who was denied a request in April to pay a lower Washington County excise tax on a proposed work-force housing project in Maugansville has a new proposal for the site.

John Schuster Jr. of Schuster Enterprises Inc. told the County Commissioners on Tuesday that he would like to build 24 apartments for the elderly next to his Greenside Apartments.

The apartments would be for low- and moderate-income senior citizens, he said.

He asked the commissioners to enter into a payment in lieu of taxes (PILOT) agreement that would lower the county's real estate taxes to a flat fee of $200 per unit with a 2 percent per year increase; that 70 percent of the excise tax for each unit be exempt, as stated in the county's ordinance; and that the commissioners approve a resolution supporting the proposed development to be submitted to the Maryland Department of Housing and Community Development.

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Commissioners President Gregory I. Snook said the commissioners needed time to discuss the request.

Occupants of the apartments would have to be ages 62 or older, according to information provided by the county.

The one-story apartments would measure 710 square feet each, Schuster said.

Rent would cost $330, $450 or $485 per month, depending on income level, Schuster said.

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