O’Malley Announces Community Tax Credits

ANNAPOLIS, Md. (WJZ) –Changing lives with tax credits. Governor Martin O’Malley announces 10 projects that will benefit from an $11 million tax credit.

But as political reporter Pat Warren explains, the emphasis is on the people, not the projects.

On the surface it’s nothing but an eyesore: an abandoned factory neighbors remember had better days.

“Since I was a child this building’s been here,” said Troy Williams. “And I’ve seen it employ quite a few people over the years.”

Soon the old Hoen Lithograph Print Factory in East Baltimore could change the lives of people like Timothy Sheppard, who walked onto a similar project as a security guard and came out with his own security company.

The sustainable communities tax credit powered the redevelopment of the American Brewery in East Baltimore, which now employs Sheppard’s company. A similar tax credit was awarded to developers Friday for the Hoen building. 

“We have talented people that look at these old buildings, see these stones and see these structures and can really make them sing and hum again and become place for new jobs,” said O’Malley.

The American Brewery on North Gay Street is a prime example. The president and CEO of the nonprofit Humanim says the entire community benefits when these buildings are renovated.

“In this block here you’ll have two-three houses that are completely vacant where the rooms are falling in and then four or five where the residents have been good about keeping up their house. You have that real dichotomy,” said Henry Posko, Humanim Inc.

Probably the most recognizable building re-use is the Can Company in Canton. But many others are in the planning stages thanks to the tax credit.

“It’s exciting,” O’Malley said. “It’s taking the old and making it new and creating new opportunity.”

Sheppard is living proof.

“To look at it now and to go back and look at it then, it’s unbelievable,” Sheppard said. “Unbelievable, unbelievable.”

Tax credits were also awarded in Towson, Ellicott City and Hagerstown.

More from Pat Warren
  • Ed

    You can bet Casa De Maryland will be on the list…you know…the America hating group of hispanics who help the illegals here in Maryland…thanks to O’Malley, the state is filled with criminals from across the border who have raped, murdered, hit and run and stole millions in welfare and other services meant for AMERICANS in Maryland. O’Malley is a traitor to Maryland and the country…thanks to all you morons who voted him back in.

    • william

      Ed you’re right and your’re the man! I hope he steals every penny out their pockets until they cry for help. Sometimes people have to get so low before they realize they’ve been duked. We have the best politicians everybody’s money can buy.

  • Martin our Martin

    We never learn. We continue to vote the guys back into office to rape and plunder us. He has the black and latino base, and hence he wins. Hey whatever happened to his daughter who was found drunk at the inner harbor some months back? (Under age too) Brushed under the rug. I think he needs a new heman wig like Bob Ehrlich wears.

  • Sheila Flanigan

    bet carroll county dosent’t get a penny

  • Herman Glimsher

    Carroll county doesn’t have the black and hispanic base so they won’t get any………..so many fools in Maryland………he got Baltimore started going down the drain when he was mayor and then the morons voted him in as governor.
    They did the same thing with Glendenning………..he ruined PG County and then was elected gobernor by the smae people that made him PG county executive.

  • William

    History repeats its self. We never learn. I’ve sure glad I ltaught you to write and speak Spanish back in the day when they taught it in Juniior H.S. I taught myself to read and write German, French and Latin. Trying to learn an oriental language. Now they will not be able to say anything about me without me knowing what they are saying. Language is the window to a lot of opportunities. It keeps everyone honest, including politicians

  • charles kelly

    O’mally has been bought by Penn National. Once again slots at Arundel Mills
    paying the price. Carma will win here! Even if MD ever gets slots, WV, Delaware
    and PA are raking profits, due to MD’s lack of decision. Keep up the poor work, and MD will never win. Politicians are in it to win for themselfs, not for the greater benefit of the State!. This should not shock anyone, Politicians are politicians. They do come first. How much do you think Penn National has paid
    to gain access to MD action? O’Mally should be ashammed to take money, while
    MD suffers in the end. If this is not the case, please explain how Penn National
    has managed to position itself in such a positive position? We are not as dumb as you think!

  • http://quicktimetaxes.com/?p=638 O’Malley Announces Community Tax Credits | QuickTime Taxes

    […] O’Malley Announces Community Tax Credits Gov. Martin O’Malley will be naming 10 recipients of tax credits aimed at revitalizing communities. Read more on CBS Baltimore […]

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