Maryland Data and Stories

State Fact Sheet

Map of Selected Projects in Maryland

Community Testimonials

The New Markets Tax Credit program allows for the revitalization of areas of the country where rehab development is not financially feasible or attractive. Yet the people who benefit the most are the residents of those low-income and distressed neighborhoods that would not otherwise see revitalization in their surroundings.

-Marcus Jones, National Trust Community Investment Corp.

Selected Projects in Maryland

Walnut Street Community Health Center

Hagerstown,
MD
(2014)

Community, FQHCs, Healthcare

CDE(s): Capital Impact Partners

Financing for a federally qualified health center.

The 1812 Ashland Building

Baltimore,
MD
(2014)

Adult Education, Affordable Housing, Business Development, College or Vocational Training, Community, Daycare and Early Childhood, Historic Rehabilitation, Incubator, Retail, Youth and Families

CDE(s): City First, Harbor Bankshares Corporation, National Community Investment Fund

The 1812 Ashland building is in Baltimore's Eager Park neighborhood, near Johns Hopkins University's East Baltimore campus.

Volunteers of America of Chesapeake Prisoner Re-entry Facility

Baltimore,
MD
(2013)

Adult Education, College or Vocational Training, Community, Vocational Training

CDE(s): VOANS

Financing for a Residential Re-Entry Center to assist returning citizens in making successful transitions back into their communities.

Shop-Rite at Perring Parkway

Parkville,
MD
(2012)

Grocery and Fresh Food

CDE(s): United Fund Advisors

Grocery store with affordable groceries.

Dayspring Center

Baltimore,
MD
(2011)

Addiction Treatment, Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Capital Impact Partners

NMTC financing supported Dayspring, an organization that transforms the lives of homeless children and their families by providing housing, substance abuse treatment and services to assist families to gain stability

Mt. Vernon Mill

Baltimore,
MD
(2011)

Adult Education, Affordable Housing, College or Vocational Training, Community, Historic Rehabilitation, Housing, Mixed-use, Office, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Bank of America, Enterprise Community Partners

The adaptive reuse of a historic mill property along the Jones Fall stream into a mixed-use community of market-rate and affordable apartments, offices and retail space.

Chesapeake Habitat for Humanity

Annapolis,
(2011)

Affordable Housing, Habitat for Humanity

CDE(s): Habitat for Humanity

NMTC financing helped Cheseapeak Habitat for Humanity build 59 affordable, for sale homes in Annapolis.

East Baltimore Redevelopment

Baltimore,
MD
(2007)

Affordable Housing, Historic Rehabilitation, Housing, Mixed-use, Retail, Retail and Commercial

CDE(s): Enterprise Community Partners

The project consists of the development of new and rehabilitated housing, a life sciences and technology park, as well as retail space.

Library of Congress Storage Annex

Hyattsville,
MD
(2007)

Warehouse and Wholesale

CDE(s): CRFUSA

The Library of Congress Annex located in Landover, MD, acts as a storage building for thousands of items significant to the history of the United States. In order to obtain

Abell Building

Baltimore,
MD
(2006)

Business Development, Historic Rehabilitation, Manufacturing, Retail

CDE(s): CCG Community Partners

Conversion of a historic structure into 33 luxury market rate rental residential apartments and 12,000 square feet of ground floor retail space.

Millers Court

Baltimore,
MD
(2005)

Affordable Housing, Community, Historic Rehabilitation, Housing, Mixed-use, Retail, Retail and Commercial, Workforce Housing

CDE(s): Enterprise Community Partners, Truist

The purchase and historic rehabilitation of the H. F. Miller and Sons Building, a former tin box manufacturing plant that sat vacant for decades in Baltimore's Charles Village neighborhood. The

Site visits and recent news related to Maryland NMTC Projects

A new home for innovation in East Baltimore

November 29, 2016

A Community Effort: Historic segregated school to transform into Justice Thurgood Marshall Amenity Center – Baltimore Sun

July 2, 2022

Casa de Maryland to Break Ground On $14M Employment Hub

October 15, 2018