Maryland is directing more than $18 million toward the rehabilitation and adaptive reuse of historic properties, supporting construction investment, job creation and the preservation of buildings across the state.
The Maryland Historical Trust (MHT), working with the Maryland Department of Planning, selected nine projects for the 2027 Historic Revitalization Tax Credit awards. The projects are expected to generate more than $85 million in additional investment and create over 898 jobs for Maryland residents.
The programme uses state income tax credits to encourage private-sector investment in the rehabilitation and reuse of historic buildings.
The selected projects cover a range of building types and locations, including:
Several of the selected developments are expected to create new housing opportunities through the conversion of historic properties. These include the Diamond Building, Public School No. 111, Monumental Printing Company, Howard House and Centreville High School.
The 2027 awards followed an application process in which 16 applicants requested $30 million in tax credits for construction projects with estimated costs exceeding $158 million. The selected proposals were evaluated using established criteria, including federal standards for historic building rehabilitation.
Since its launch in 1996, Maryland's Historic Revitalization Tax Credit Program has supported more than $534 million in project investment. The programme has helped improve 5,961 homeowner properties and 918 commercial historic structures across the state.
The awards demonstrate how historic preservation incentives can support construction activity while bringing underused buildings back into productive use. The combination of tax credits and private investment is expected to create employment, expand housing options and preserve important community properties throughout Maryland.
