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Ill.
Misconceptions About
Historic Districts
1.
The designation of a
property in either district does not raise the property tax on any
particular property. Property tax increases are based on property
values and determined independently.
2.
Property owners are not required
to make costly renovations but must maintain and repair their
private property in accordance with stated building codes. The
local and Federal agencies cannot mandate any costly renovations.
3.
The CHAP historic district design review and permit
process is not expensive, lime consuming, or difficult. The design
review can be processed in a few days. Permit fees usually range
from $15 to $50, depending
on the type of project. Paint pennies are free, and staff works
with the applicants to make everything move as quickly as
possible.
4.
Neither type of historic district can restrict the use or sale
of a property; that ;.. predetermined
through local zoning ordinances.
IV.
Tax Incentives and
Preservation Assistance (Loans and Grants}
Loans
and grants are available to assist with the rehabilitation of
historic properties.
For
information about the City and State rehabilitation loans contact
the Home Ownership Institute, Department of Housing and Community
Development, Suite 1125,
417 E. Fayette Street, Baltimore, Maryland 21202 (Phone:
396-4151). |