Maryland Historic Revitalization Tax Credit Program
The purpose of state and federal preservation tax incentives is to encourage private sector investment in the rehabilitation and re-use of historic buildings and to promote investment in local economies.
If you own a certified historic property in Maryland, you may have the opportunity to earn a state income tax credit on qualified rehabilitation expenditures. Whether you are planning to rehabilitate your primary or secondary residence or a commercial property, there are state incentives that may help. Select a project type for more information.
NOTICE — Small Commercial Revitalization Tax Credit Reopening
In the FY2021 legislative session, HB865/SB659 was passed by both the House and Senate Chambers and is currently waiting for signature by Governor Hogan with an effective date of July 1, 2021. This bill increases the authorization for the Small Commercial component of the Maryland Historic Revitalization Tax Credit by an additional $1M.
The Small Commercial program will officially reopen on June 1, 2021 and MHT will begin accepting new applications effective (postmarked) June 1, 2021. New applications will be reviewed and approved in the order of MHT's receiving of a complete and approvable application.
Note: MHT offices are currently closed to the public due to Governor Hogan's Executive Order and we will not be accepting hand delivery of applications. MHT encourages the use of a courier with tracking services such as UPS or FedEx.
If you have any questions about the status of an existing application or guidance on the submittal of a new application please email Dana Marks at dana.marks@maryland.gov.
State Tax Credits
MHT staff continue to review all submissions for the Maryland Historic Revitalization Tax Credit Program as they are received. Program staff are currently on telework and are best reached by e-mail at the address noted at the bottom of this page.Tax Credit review periods are currently running between 45 and 60 days.
Program History
For the past 17 years the program has played a key role in community revitalization by supporting the rehabilitation and reuse of underutilized historic properties across the state. The program is credited with rehabilitating about 4,400 historic buildings and creating some 25,000 jobs since its implementation in 1996. The state’s investment of about $350 million has reached into all of Maryland’s 23 counties and the city of Baltimore. The Abell Foundation has estimated that about 73 jobs are created for each $1 million in tax credits and every dollar invested generates $8.53 in economic activity.
For general information about the Historic Revitalization Tax Credit Program or to check the status of your project, contact Kate Jaffe, Administrator, Preservation Financial Incentives, at 410-697-9537; Dana Marks, Preservation Officer, Tax Credits, at 410-697-9551; or Bonnie Baden, (410) 697-9535.
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