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Federal Rehabilitation Tax Credits
 
A wide range of severely deteriorated buildings have been brought back to life using federal rehabilitation tax credits. Abandoned schools converted into senior housing; mill complexes utilized for housing or retail; even a church rehabilitated as an artist's studio — these are just some examples of projects resulting from this program. The program enables the owners or long-term lease holders of income-producing certified historic structures (listed in the National Register of Historic Places, or a contributing element within the boundaries of an historic district), to receive a federal tax credit. The credit amounts to 20 percent of the cost of a certified rehabilitation (a rehabilitation that meets the Secretary of the Interior's “Standards for Rehabilitation”). Applications for this program contain three parts and are available through the Maryland Historical Trust. For more information, contact Collin Ingraham, Preservation Officer, at 410-514-7671.
For detailed information on the Federal Rehabilitation Tax Credit, visit

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Last updated: February 1, 2008
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