In 2016, Anne Arundel County established a Historic Preservation Tax Credit Program to help property owners offset expenses related to rehabilitation on historic landmarks in the county. The Historic Preservation Tax Credit establishes “Landmark” buildings and districts and may provide the following benefits:
- A property tax credit of 25% of qualified expenses for certain historic residential or income-producing properties
- A property tax credit of 5% for a qualified new construction in a Landmark Historic District.
- The maximum amount of the tax credit is $50,000, which can be claimed over a 5-year period.
- The tax credit is applied towards County real property taxes.
Requirements:
- The historic resource in question must meet the criteria for designation as a historic landmark.
- All rehabilitation work must comply with the Secretary of the Interior's Standards for the Treatment of Historic Properties.
- To receive the tax credit, a historic preservation easement is required to protect the County’s investment.
Application:
- There is a four-step application. The full application packet can be found below.
- The final step must be filed by April 1 for the tax credit to be applied to that year’s tax bill.
Historic Preservation Tax Credit Application Packet
- Frequently Asked Questions
- Information on Qualified Work
- Process Flow Chart
- Part 1: Certificate of Eligibility
- Part 2: Certification of Proposed Work
- Part 2: Addendum Modification to Proposed Work
- Part 3: Certification of Completed Work
- Part 4: Historic Preservation Tax Credit Application (Initial)
- Part 4: Historic Preservation Tax Credit Application (Year 2 - Year 5)