Maryland Homestead Property Tax Credit

Maryland State Department of Assessments and Taxation

Available Property Tax Relief

About This Program

Maryland's Homestead Tax Credit caps the increase in taxable assessed value of owner-occupied residential property at 10% per year. This prevents sudden large property tax increases when home values rise significantly. Available to all Maryland homeowners.

Estimated annual savings from capping assessment increases at 10%

Key Details

  • Caps annual property assessment increases at 10%
  • Available to all Maryland homeowners
  • Must be principal residence
  • No income restrictions
  • Protects against rapid tax increases

How to Apply

A grant-savvy contractor in Aspen Hill, MD can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Applications accepted year-round, applies to following tax year

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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