Rehabilitated Vacant Dwelling Tax Credit

Administered by the Baltimore City Department of Finance. To learn more, please click here to visit the website.

• Encourages rehab of vacant properties of up to four (4) dwelling units.
• 5-year reduction in assessment increase for homeowners who renovate and occupy the property as their principal residence.
• The credit begins at 100% and declines by 20% in the next four years.
• It must have been vacant and abandoned with a violation notice or owned by the Mayor and City Council for one year and require substantial repairs to meet city codes.
• Applications must be submitted annually on or before September 1^st of the taxable year for which the credit is sought.

Home Improvement Tax Credit

Administered by the Baltimore City Department of Finance. To learn more, please click here to visit the website.

• 5 year reduction in increases due to improvements completed.
• 100% credit in first year to 20% in the fifth year.
• Improvement incentive.

Historic Landmarks and District Tax Credit

Administered by the Baltimore City Commission for Historical and Architectural Preservation (CHAP)

To learn more, please click here to visit the website.

• Available for historic properties in Baltimore City and National Register Historic District and individual Baltimore City and National Register Landmarks.
• Offsets any increase in Baltimore City's taxes that occurs following a substantial rehabilitation project that has been approved by CHAP.
• The tax credit is a dollar value that is subtracted from an owner's property tax bill each year for 10 years.
• Program requires a total investment of at least 25% of the full cash value of the property into a qualifying, approved rehabilitation project.
• All work must be reviewed and approved before any work begins. All work must meet the CHAP Historic Design Guidelines.

Maryland Sustainable Communities Tax Credit Program

Administered by the Maryland Historical Trust (MHT)

For more information, call 410-514-7628, or visit the web site.

• Available to "certified historic structures," which are properties individually listed in the National Register of Historic Places, contributing to a National Register Historic District, or a locally designated structure or contributing resource to a local historic district that MHT determines to be eligible for the National Register.
• The credit is a one-time state income tax credit equal to 20 percent of qualified rehabilitation expenditures.
• The credit is capped at $50,000 in a 24-month period and must have a minimum of $5,000 of eligible expenses to qualify.
• The property must be a single-family, owner-occupied residence to qualify.
• All work must be review and approved by MHT before work can begin. All work must meet the Secretary of the Interior's Standards for Rehabilitation.
• Credits for Commercial properties are also available.