Maryland Heritage Structure Rehabilitation Tax Credit Program

Resources & Reports

For decades, state and local policies have facilitated – even encouraged – new suburban development while leaving the needs and advantages of our existing communities behind. The result has been new buildings springing up in rural areas that are underserved by roads and public services -- while in the core of our communities, disinvestment has left viable building stock abandoned or underused in areas where infrastructure is already in place, already paid for. Maryland needs to take advantage of what we already have.

The Heritage Structure Rehabilitation Tax Credit Program is designed to encourage the redevelopment of historic buildings and revitalization of our older communities by offering project sponsors tax credits equal to 20% of eligible rehabilitation costs. Projects must meet substantial expenditure thresholds and the U.S. Secretary of the Interior’s Standards for Rehabilitation (36 CFR 67). Both commercial and owner-occupied residential historic buildings are eligible for the program; however, the majority of rehab activity and expenditures have involved commercial structures. Most commercial projects have been combined with the similar federal historic preservation tax credit.