With a potential eviction crisis looming, some renters experiencing hardship could be eligible for the little-known Maryland Renter’s Tax Credit Program. Eligible individuals could receive up to $1,000 yearly, or $83.33 per month in the form of a direct check from the State of Maryland.
Eligibility is dependent upon applicants having total assets valued at less than $200,000 and being below certain income thresholds. The credit is available to the following groups:
- Seniors over 60;
- Individuals who are permanently disabled;
- Certain families with dependents under the age of 18;
- Certain low-income individuals; and
- Surviving spouses of renters who met the eligibility requirements.
The Maryland Consumer Rights Coalition is offering assistance to those seeking to apply:
Additional information is available at www.MarylandTaxCredit.com and the Maryland Department of Assessments & Taxation website.