Maryland Historic Revitalization Tax Credit Program
DUE TO CURRENT STAFFING VACANCIES, THE TAX CREDIT REVIEW PERIOD IS APPROXIMATELY 45-60 DAYS
PLEASE NOTE CHANGES IN THE FOLLOWING AREAS FOR ELIGIBILITY AND PROCESS IN THE SMALL COMMERCIAL PROGRAM
EFFECTIVE DECEMBER 16, 2019 – (1) INVESTMENT DEVELOPERS ELIGIBLE UNDER SMALL COMMERCIAL PROGRAM,
(2) CHANGES TO THE SMALL COMMERCIAL PROGRAM REVIEW FEES, AND (3) SMALL COMMERCIAL PROJECT ELIGIBLE EXPENSES
CERTIFICATION REQUIREMENT. PLEASE SEE THE SMALL COMMERCIAL PAGE FOR DETAILS
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.
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 Bonnie Baden, (410) 697-9535;
Megan Klem, Tax Credit Program, Preservation Officer, at 410-697-9560; or