Historic and Sustainability Tax Credits

Historic and Sustainability Tax Credits

Baltimore and Maryland offer the best historic tax incentives in the nation, and Jubilee is Baltimore's leading source for expert, inexpensive tax credit consulting. Jubilee works with homeowners and developers in Baltimore City's historic neighborhoods to obtain tax credits for restoration and repair of their designated historic properties.

Jubilee Baltimore has worked on more than 380 projects with a total value of $125 million.

Jubilee offers our historic tax credit expertise to homeowners and developers interested in obtaining historic tax credits. We can help you with the paperwork and the nuances of the program.

Initial consultations are free.

Tax Credit Benefits

  • Maryland – the State refunds 20% of eligible expenditures. There are programs for income producing and primary residence properties.
  • Baltimore City – the City reduces applicants' property tax burden for ten years by adjusting the property tax liability to reflect the property's pre-renovation assessment.
  • Federal – the Federal government credits 20% of eligible expenditures against Federal taxes owed (only income-producing properties are eligible)

*Other tax credit program requirements may apply. All tax credit projects require approval before work commences in order for expenses to be eligible, as well as a minimum expenditure. Jubilee can help you determine if your property is a good candidate.