2012 Sustainable Communities Tax Credit

Governor Martin O'Malley announced the recipients of the latest round of Sustainable Communities Tax Credits, which will help create 500 construction jobs in projects designed to revitalize communities and promote green building practices. Six projects that scored highest in the application process received a total of $6,958,000 in tax credits to leverage construction projects with a total cost of $36,516,871.

• The Sustainable Communities Tax Credit 2012 Poster
• Press release - Governor Martin O'Malley Announces Recipients of 2012 Sustainable Communities Tax Credit

2011 Sustainable Communities Tax Credit

Governor Martin O'Malley announced the recipients of the latest round of Sustainable Communities Tax Credits, which will help create 740 construction jobs in projects that will revitalize communities and promote green building practices around the state. Ten projects that scored highest in the application process received a total of $11 million in tax credits to help leverage construction projects with a total estimated cost of $82,430,000. The Sustainable Communities Tax Credit and its predecessor, the Heritage Structure Rehabilitation Tax Credit, have invested more than $358 million in Maryland revitalization projects in the past 15 years, supporting 15,000 jobs and revitalizing communities.

• The Sustainable Communities Tax Credit 2011 Poster
• Press release - Governor Martin O'Malley Announces Recipients of Sustainable Communities Tax Credit
• SCTC Event photos: On Flickr   On Facebook

For detailed information about the Sustainable Communities Tax Credit, click here.

Principles of Sustainable Communities

MDP is working side-by-side with State agencies, the Task Force on the Future for Growth and Development, local government agencies and a variety of stakeholders to coordinate a statewide approach to applying the principles of Sustainable Communities in Maryland.  There are:

• Provide more transportation choices.  Develop safe, reliable, and economical transportation choices to decrease household transportation costs, reduce our nation’s dependence on foreign oil, improve air quality, reduce greenhouse gas emissions, and promote public health.
• Promote equitable, affordable housing.  Expand location- and energy-efficient housing choices for people of all ages, incomes, races, and ethnicities to increase mobility and lower the combined cost of housing and transportation.
• Enhance economic competitiveness.  Improve economic competitiveness through reliable and timely access to employment centers, educational opportunities, services and other basic needs by workers, as well as expanded business access to markets.
• Support existing communities.  Target federal funding toward existing communities—through strategies like transit oriented, mixed-use development, and land recycling—to increase community revitalization and the efficiency of public works investments and safeguard rural landscapes.
• Coordinate and leverage policies and investment.  Align policies and funding to remove barriers to collaboration, leverage funding, and increase the accountability and effectiveness of all levels of government to plan for future growth, including making smart energy choices such as locally generated renewable energy.
• Value communities and neighborhoods.  Enhance the unique characteristics of all communities by investing in healthy, safe, and walkable neighborhoods—rural, urban, or suburban.