Maryland Clarifies Regulations for 5 Percent Boost in State HTC for LIHTC Properties

Monday, March 18, 2019 - 10:00am

The Maryland Department of Planning and Development adopted changes to regulations for the state historic tax credit, conforming the regulations to H.B. 1454, passed in 2018. The legislation authorized an additional 5 percent credit on top of the existing 20 percent credit for HTC developments that result in a property that receives an allocation of federal low-income housing tax credits.