Chestertown, MD, May 10, 2007 — Attention homeowners, realtors, and anyone interested in historic preservation: The Center for the Environment & Society at Washington College, Kent County Planning & Zoning, the Chestertown Historic District Commission, and the Historical Society of Kent County, Maryland present "Maryland Rehabilitation Tax Credits," a presentation by Michael K. Day, Thursday, May 10, 2007 at 7:00 p.m. in Litrenta Lecture Hall, John S. Toll Science Center. Day is Deputy of the Office of Preservation Services, a branch of the Maryland Historical Trust.
The Heritage Preservation Tax Credit Program, administered by the Maryland Historical Trust, provides Maryland income tax credits equal to 20% of the qualified capital costs expended in the rehabilitation of a "certified heritage structure." A property is eligible for the credit if it is locally designated as a landmark, contributes to the significance of a locally designated historic district, is located in a certified heritage area and certified by the Maryland Heritage Areas Authority as contributing to the significance of the certified heritage area, or if it is listed on the National Register either individually or as contributing to a district. The credit is available for owner-occupied residential property as well as income-producing property.
For information contact Washington College at 410-778-7295 or The Maryland Historical Trust at 410-514-7628.