Md. Code, Tax - Property § 7–518

(a) In this section, “affordable housing land trust” and “affordable housing land trust agreement” have the meanings stated in § 14–501 of the Real Property Article.

(b) The governing body of Frederick County may exempt real property from the Frederick County property tax if the real property is:

(1) owned by an affordable housing land trust; and

(2) not subject to an affordable housing land trust agreement.