Reisterstown Road Plaza’s Post

Keep up the great work DHCD! We have great appreciation for all you do, supporting so many great organizations across Maryland.

The Maryland Department of Housing and Community Development announced it has awarded $1.75 million in tax credits to projects across the state as part of the Fiscal Year 2025 Community Investment Tax Credit program. The program supports non-profit organizations involved in community and economic revitalization activities. Those non-profits use the tax credits as incentives for people and businesses to donate money, goods or real property to support operational and programmatic costs associated with projects that serve communities across Maryland. The program has leveraged nearly $31 million in charitable contributions to approximately 770 projects across the state since its inception and supported the work of groups such as Diakonia Inc. in Worcester County, Housing Initiative Partnership, Inc. in Prince George’s County and Baltimore SquashWise in Baltimore City. Learn more about the program and the 77 projects awarded this year here: https://lnkd.in/ePhem26E Photo credit: Baltimore SquashWise, Housing Initiative Partnership, Inc and Diakonia, Inc

  • A DHCD Community Investment Tax Credit will provide Housing Initiative Partnership, Inc. in Prince George’s County operating support to provide rental support and intensive coaching to clients exiting homelessness to ensure they retain permanent housing in HIP-owned properties.
  • Diakonia, Inc. in Worcester County received a DCD Community Investment Tax Credit for operating support for Emergency Shelter, Rapid Rehousing with a Housing First Model, and Rapid Response Outreach Team for those on the street or tent encampments, to offset costs from proposed facility for new case management offices and Food Pantry.
  • Baltimore SquashWise was recently awarded a DHCD Community Investment Tax Credit for operating support to increase the number of PE squash clinics accessible through its youth development program, as well as school and community squash programs delivered in Baltimore City Public Schools.

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