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



Midtown Development has worked on more than 100 projects with a total value of $25 million.

Midtown Development 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. 



Midtown Development's standard fee for administering the residential tax credit process is 7% of the state tax credit award, while commercial projects are billed on an hourly basis, with a minimum of $1000. Initial consultations are free.

Tax Credit Benefits

• Maryland – the State refunds 20% of eligible expenditures. It does not matter how much Maryland tax you pay; even non-profits are eligible.
• 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. Midtown Development can help you determine if your property is a good candidate.