Ocean City

The Mayor and City Council will ultimately decide the fate of the PRIP today during their 1 p.m. council meeting.

OCEAN CITY, Md. -  In an effort to bolster its permanent resident population, Ocean City's Town Council has taken a significant step by making the Primary Residence Incentive Program (PRIP) permanent.

Launched in 2020, PRIP offers substantial incentives to those looking to establish Ocean City as their primary residence. Administered through meticulous compliance review processes every six months, the PRIP ensures that recipients meet the criteria, including maintaining primary residency and compliance with tax payments.

Key Numbers from the PRIP Program:

  • Over 70 applications approved
  • 24 new or substantially improved homes constructed
  • Reduced permit and property tax revenue of approximately $299,106 to date
  • New or improved residential construction valued at approximately $8.35 million
  • Remaining eligible tax rebates total $43,041

By the Ocean City Council's decision to make PRIP permanent, officials hope to incentivize more individuals to make Ocean City their permanent home.

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Kevin joined the CoastTV News team in November 2023 as a video journalist. He is a Rowan University graduate with a degree in radio television and film and a minor in sports communications. While at Rowan, Kevin worked at the campus television station, RTN, and was also a member of the Rowan radio station, 89.7 WGLS-FM.

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