The House of Representatives has passed The Moving Forward Act (H.R. 2), a comprehensive infrastructure bill that includes enhancements and temporary emergency measures for the federal Historic Tax Credit, thanks in part to the advocacy of Preservation Maryland and our national partners.
A leading consulting firm in the study of preservation, revitalization, and reinvestment economics, PlaceEconomics, has just released a clear case for including historic preservation principles squarely into COVID-19 recovery efforts.
Maryland’s historic tax credit is a ready-made tool for economic recovery in the wake of the coronavirus pandemic. Preservation Maryland is hard at work to ensure that the Historic Rehabilitation Tax Credit remains funded for FY21.