Tax Credits & Rebates
Green Tax Credits
Homeowners who install renewable energy systems and have them in service in their homes before December 31, 2016 are eligible for a 30% tax credit. Eligible energy systems include solar energy, wind, microtubine…
Arts & Entertainment Districts Tax Credits
Baltimore City has three Arts & Entertainment (A&E) Districts: Bromo Seltzer, Highlandtown, and Station North. Artists or arts and entertainment enterprises may receive a 10-year property tax credit for…
Renter's Tax Credit
This credit provides property tax credits for renters based on the reasoning that renters indirectly pay property taxes as part of their rent and thus should have some protection, as do homeowners.
Maryland HomeCredit Program
The Maryland HomeCredit Program provides a federal tax credit to eligible homebuyers. A Maryland HomeCredit can save a homebuyer tens of thousands of dollars over the life of a home loan, and makes owning…
Home Improvement Property Tax Credit
Homeowners may receive a 5-year tax credit on the additional assessed value of their home due to recent improvements. The credit is 100% of the home improvement assessed value the first year and decreases…
Homeowner's Tax Credit
Homeowners whose combined gross household income is less than $60,000 may receive a tax credit that limits the amount of property taxes. Applications are due every year by September 1 by a standard application…
Homestead Property Tax Credit
This tax credit protects homeowners, regardless of age, income, or property value, from annually spiking tax bills on the home they live in. As of August 1, 2012, 65% of current Baltimore City homeowners…
Newly Constructed Dwelling Tax Credit
This credit provides a five-year Baltimore City real property tax credit on newly constructed or substantially rehabilitated dwellings.
Vacant Dwelling Property Tax Credit
The Vacant Dwelling Property Tax Credit was designed to encourage the renovation and reuse of residential vacant properties. This credit provides 100% relief from city property tax increases in the first…