Do you own an old rowhouse? If you are located in a historic district, you might be one of thousands of Baltimore home-owners eligible for the Maryland Historic Rehabilitation Tax Credit program which can provide a substantial tax incentive for maintenance or rehab work on your historic home. If you can spend a minimum of $5,000 in a two-year period, approved applicants receive a 20% refundable income tax credit on the cost of your maintenance or home-improvement project. Learn more about historic tax credits with our detailed guide to city, state and federal programs.
Historic Rehab Tax Credit Workshop
Wednesday, March 16, 2011 | 7 to 8 PM
St. Peter Claver Church | 1546 North Fremont Avenue, Baltimore, MD 21217
Join Baltimore Heritage and the Druid Heights CDC on March 16 from 7:00 to 8:00 PM at St. Peter Claver Church for an introductory workshop to the state and city historic rehab tax credit. Chloe Williams from the Druid Heights CDC will share a case study on their work with the tax credit program for the rehab of the historic Gateway Homes along McCulloh Street in the Druid Heights neighborhood.
Questions? Call Eli Pousson at 301-204-3337 or e-mail email@example.com
If you’re working on your own house or working to revitalize your historic neighborhood, you should know about the tax credits and opportunities available to you and your community. With over seventy historic districts across the city, thousands of Baltimore home-owners are eligible for the Maryland Historic Rehabilitation Tax Credit program which can provide a substantial tax incentive for maintenance or rehab work on your historic home. In addition, main streets and residential neighborhoods are using preservation to organize residents, promote new investment, and preserve significant local landmarks. Learn more in our overview of city, state and federal historic tax credits.
Historic Tax Credits & Preservation in Your Neighborhood
Monday, May 9th | 6:00pm – 8:00pm
Open City Exhibit | 16 W. North Avenue, 21216 RSVP today!
Join Baltimore Heritage Field Officer Eli Pousson on May 9 from 6:00 to 8:00 PM at 16 6 W. North Avenue for an introduction to the state and city historic rehab tax credit and a discussion on strategies for preservation and revitalization. This workshop is part of the Citizens Planning and Housing Association, Inc. Activate Your Inner Citizen program. AYIC is an annual series of universities, workshops and briefings created to promote collaboration and increase the uniting capacity of Baltimore’s residents and community associations. For more information visit CPHA online or call 410-539-1369 x104.
Starting to think about a home renovation project for next spring? Or even next month? If you’re doing work on your historic house, you may be eligible for the Maryland Historic Rehabilitation Tax Credit program which offers generous incentives for home-owners in designated historic districts. With over seventy historic districts across the city, thousands of Baltimore home-owners are eligible for a 20% tax credit on rehab projects from roof repair, wood window restoration, or even a replacement furnace. Baltimore City also offers a historic tax credit that can help control the growth of your property taxes for up to a ten-year period. Learn more about historic tax credits in our comprehensive guide or find more resources for homeowners.
Historic Tax Credit Education Workshop
All workshops will be held from 7:00 pm to 8:00 pm in the basement gallery at the Baltimore Heritage offices located at 11 1/2 West Chase Street. RSVP today for one of our three upcoming workshops!
Monday, December 19
Wednesday, January 18
Tuesday, February 21
We’ll be joined for our three historic tax credit workshops by Patricia Adams from Jubilee Baltimore, a local community development nonprofit that assists property-owners from across the city with preparing and submitting tax credit applications. Jubilee Baltimore is offering special assistance to property-owners in the Greenmount West neighborhood providing free support on their historic tax credit applications.
Yesterday afternoon, Senator Ben Cardin announced the introduction of new legislation in Congress to expand the reach of the federal historic rehabilitation tax credit program. This would be great news for us in Baltimore, and in fact Senator Cardin chose Baltimore’s own Clifton Mansion, which the nonprofit Civic Works is restoring with the help of the current federal program, as the location to make his announcement.
Senator Cardin’s bill, the Creating American Prosperity through Preservation (CAPP) Act, helps smaller projects by increasing the tax credit on projects of $5 million or less and promote energy-efficiency. By supporting historic preservation across the nation, this bill also has tremendous potential to create jobs as Senator Cardin said yesterday:
“I am extremely proud of this bill because it will help ensure that historic properties are restored and made useful once again, while creating jobs that will stimulate greater economic activity. The Historic Tax Credit has created some 2 million jobs nationwide since 1978 and by expanding the program to include energy-efficient improvements and additional restoration projects, we can create thousands of new jobs in renovating historic properties.”
In Baltimore, the federal credit has been instrumental in numerous historic rehab projects including the American Can Company, Tide Point, the Hippodrome Theater, Clipper Mill, and Montgomery Park, just to name a few. The National Trust for Historic Preservation joined Senator Cardin in announcing that the CAPP Act is their top legislative priority for 2012. Republican Senator Olympia Snowe from Maine is a co-sponsor of Senator Cardin’s bill and with bi-partisan support in the Senate we hope that Senator Cardin is successful and that the bill will become law.
With over seventy historic districts across the city, thousands of Baltimore home-owners are eligible for tax credits on projects as diverse as repairing damaged masonry, restoring wood windows, replacing an aging furnace, repainting and more. Not sure if you are in a historic district? Check online using the Baltimore CityView Map (select “Landmarks & Historic Districts” from the drop-down menu of “Thematic Overlays”) or download a PDF map of Baltimore City historic districts.