Finding funds for your preservation rehabilitation project can be complex and confusing. Fortunately, in Maryland, there are many programs designed to help private property owners maintain and rehabilitate their historic structure. Historic tax credits are a critical tool and may be just the funding boost you need to get your project completed!
One of the most popular community engagement activities in Smart Growth is the Main Street Program. In 1998, the Maryland Department of Housing and Community Development created a comprehensive downtown revitalization program called Main Street Maryland. For more than 20 years, this program has improved the economy, appearance, and image of Maryland’s downtown districts.
Preservation Maryland and the Polm Companies jointly announced their intention to find a viable preservation solution for Whites Hall, the historic boyhood home of Johns Hopkins.
North elevation of Whites Hall. Photo by Donna Ware, Maryland Historical Trust, 1984
After discussions with Preservation Maryland and representatives of Anne Arundel County, the Polm Companies are hopeful they can find a suitable and qualified preservation buyer who would be responsible for the property’s rehabilitation and long term care.
Preservation Maryland’s Executive Director, Nicholas Redding, explained, “We applaud the Polm Companies for agreeing to put the house on the market and find an owner willing to care for the structure. This agreement underscores the value open and honest discussions can have in helping to save important places and we extend our gratitude to Danny and Rick Polm.”
The property, located in Anne Arundel County near Crofton, Maryland, includes the historic 18th century home and 13 acres and will be available to qualified buyers with sympathetic preservation plans starting at $700,000.
In addition to assisting with the facilitation of the sale, Preservation Maryland will also support buyers in navigating the potential preservation incentives available to the new owners.
“We are very pleased with this outcome and hope to find a preservation buyer willing to tackle this project very soon,” explained Danny Polm, Vice President of the Polm Companies, he continued, “We’re proud to be a part of this process and look forward to seeing the next chapter in this house’s history unfold.”
Interested buyers should contact Sarah Aaron at the Polm Companies for more information: info@polm.com
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Since 1931, Preservation Maryland has worked to protect the places, stories and communities in Maryland that matter. As a non-profit organization, it works with partners across the state to accomplish this important mission and protect the Best of Maryland. Find out more at: presmd.org
The Polm Companies are a second generation, family-owned, local business that prides itself not only on a higher standard of quality in home building, but a higher standard of customer service and relationship. Find out more at: polm.com
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