Crownsville, MD – March 6th., The Maryland Historical Trust (MHT), a division of the Maryland Department of Planning (Planning), is accepting applications for Fiscal Year 2017 and 2018 capital loans under the MHT Historic Preservation Loan Program. The purpose of this capital projects program is to assist and encourage efforts to acquire and preserve historic properties. Approximately $600,000 is available to commit to new loans which are expected to close by June 30, 2018.
Eligible applicants for program funding include non-profit organizations and local jurisdictions. Business entities and individuals may also apply for program loans when seeking funds for a preservation or development project that serves a high public purpose; such applicants must demonstrate an inability to obtain private financing. Eligible anne.raines@maryland.gov projects include acquisition, refinancing, rehabilitation or restoration of historic properties, with loan terms up to twenty years. A perpetual preservation easement must be conveyed to MHT on any assisted property.
Applications are accepted and evaluated on a rolling basis. If you are interested in applying, please contact Anne Raines, MHT Deputy Director, at (410) 697-9584 or anne.raines@maryland.gov for assistance in determining your project’s eligibility and for additional guidance. Copies of the Loan Program Guidelines and Application are available at MHT’s loan webpage
Loan application and loan closing fees are required.
The Maryland Historical Trust (MHT) is a state agency dedicated to preserving and interpreting the legacy of Maryland’s past. Through research, conservation and education, the Trust assists the people of Maryland in understanding their historical and cultural heritage. The Trust is a division of the Maryland Department of Planning and serves as Maryland’s State Historic Preservation Office (SHPO) pursuant to the National Historic Preservation Act of 1966.
