23 Aug 2014
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Talk Tax Credits, Historic Homes and Aging

Learn about historic structure tax credits, how to senior-proof your historic home during a meeting tonight at Hyattsville's city hall.

Talk Tax Credits, Historic Homes and Aging

If you live or own a home in Hyattsville's historic district, then you likely qualify for a state tax credit program designed to help you rehabilitate your structure. For instance, eligible homeowners could qualify for up to a 20 percent tax credit for qualified rehabilitation work for owner-occupied, single-family residences. 

Piqued your interest? 

Then you might want to head down to the on Gallatin Street Thursday at 7:30 p.m. to catch a presentation conducted by Maryland Historic Trust staffer and Hyattsville's Ward Three City Councilor Matthew McKnight on the Maryland Historic Tax Credit program.

The tax credit program is run by the Maryland Historic Trust and the Maryland Department of Planning. Homeowners can apply for the program at any time of the year, but work to be credited must be approved before commencing. 

In 2010, a total of 59 projects across the state received more than $279 million in tax credits for rehabilitation work through the program. During that year, seven Prince George's County structures received more than $2.4 million in tax credits through the program for rehab work. 

This Old Homeowner

Following McKnight's presentation, local architect Mark Ferguson will discuss an issue on the minds of many homeowners of a certain age: how to safely grow into your golden years in a house seemingly determined to break your hip. 

Ferguson will review modifications and strategies–like adding tasteful disability access features–for making your home easier to age in.

According to Census 2010 Data, Hyattsville has 1,600 households with one or more people 60 years and over living within. Census block 1027, bound by Longfellow, Oglethorpe and Maccaboy streets and 43rd and 42nd avenues and 42nd Place, has the densest population of seniors in the city. largely because of the presence of the Friendship Arms senior apartment complex, more than 130 senior citizens live within the census block.

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