Markets & EconomyMortgage

Baltimore property tax break to bring more safety officials to the city

Owner-occupied home tax credit is awaiting approval in Annapolis
Published on Feb 3, 2016
  • Baltimore Mayor Stephanie Rawlings-Blake has proposed a $2,500 annual property tax credit for police and firefighters who live or will move to the city.
  • The proposal has been embraced by the Baltimore legislative delegation, who promises to move the bill to approval in Annapolis.
  • The credit would take the property taxes on a $200,000 home from $4,500 per year to $2,000.

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by CareyBot

Baltimore’s mayor wants to make it easier for police officers and firefighters to buy a home within the city’s limits. Mayor Stephanie Rawlings-Blake has proposed a property tax credit for police and firefighters who buy homes in the city, up to $2,500 per year ...

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