High-Performance Newly Constructed Dwellings Property Tax Credit

At a Glance

Property tax credit

Who's Eligible?

Baltimore City homeowners purchasing newly constructed homes meeting the program requirements

To Get Started

Visit Baltimore City’s Department of Finance online tax credit application system

The High-Performance Newly Constructed Dwellings Property Tax Credit encourages the construction and purchase of new homes in Baltimore City. The program provides a 5-year property tax credit with the credit amount decreasing annually.


This program reduces your property taxes.


  • You must live in this home as your primary residence.
  • The tax credit does not transfer between property owners.
  • The tax credit is 50% in the first taxable year and decreases by 10 percentage points thereafter for 5 years.
  • The property must not have been previously occupied by an owner or tenant since its new construction or substantial rehabilitation.
  • If the property was a substantial rehabilitation it must have been cited as abandoned of vacant for at least one year or have been owned by the City for at least one year.
  • The property can not contain more than 4 dwelling units.
  • You must apply for the tax credit within 90 days of settling on the purchase of the property.
  • High-Performance buildings are defined by meeting green building guidelines or standards approved by the State.


Program Terms & Conditions 

Baltimore City Department of Finance

We're here to help.

Have more questions about this or other Baltimore City homeownership incentives? We're here to help! Send us an email or give us a call at (410) 637-3750. A Live Baltimore team member can walk you through your options.
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