Tagged as Historic Tax Credit

Maryland awards state historic tax credits for large commercial projects through a competitive application process. Rehabilitation projects are selected based on merit and adherence to the Secretary of the Interior’s Standards and awarded tax credits with a $3 million per-project cap until the maximum budgeted investment from the state of $9 million is met.

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With funding from the Rural Maryland Council, Preservation Maryland recently hosted a free webinar on state and federal historic rehabilitation tax credits available to owners of old and historic residential and commercial property in Maryland. To maximize the reach of this information, the webinar was recorded and is available to be viewed and shared anytime.

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Communities across Maryland benefit from the Federal Rehabilitation Tax Credit – and it is now seriously threatened by comprehensive tax reform. We need your help.

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Preservation Maryland attended the announcement of the recipients of the Heritage Structure Rehabilitation Competitive Commercial Tax Credit for 2017. These were the first projects to be awarded the tax credit since the reauthorization of the program last session due to positive community support and advocacy led by Preservation Maryland.

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