2nd Round of Community Investment Tax Credits Announced!

2nd Round of Community Investment Tax Credits Announced!

January 2015
Anonymous

MACDC is thrilled to join Governor Patrick and the Commonwealth's Department of Housing and Community Development in announcing the 2nd round of Community Investment Tax Credits awarded to 44 nonprofits. With over $5 million in credits awarded today, Community Development Corporations in Massachusetts are well positioned to increase and diversify their overall foundation of support.

The Community Investment Tax Credit (CITC) provides a 50% refundable state tax credit for donations of $1,000 or greater to participating organizations. In addition to individuals, businesses and other tax paying entities, organizations, such as nonprofits or donor advised funds, that have limited or no Massachusetts tax obligation can participate because the tax credit is refundable.

Community Partners 2nd Round Allocation
Allston Brighton CDC $150,000
Asian CDC $100,000
CDC of Southern Berkshires $100,000
Coalition for a Better Acre $150,000
Codman Square NDC $150,000
Community Development Partnership $100,000
Community EDC of Southeastern MA $75,000
Community Teamwork, Inc. $100,000
Dorchester Bay EDC $100,000
Dudley Neighbors Inc. $100,000
Fenway CDC $150,000
Franklin County CDC $150,000
HAP Housing $150,000
Harborlight Community Partners $110,000
Hilltown CDC $60,000
Housing Assistance Corporaton $75,000
Housing Corporation of Arlington $50,000
Island Housing $150,000
Jamaica Plain NDC $150,000
Just-A-Start $100,000
Lawrence CommunityWorks $150,000
Madison Park CDC $150,000
Main South CDC $150,000
Metro West CDC $75,000
NeighborWorks Southern MA $100,000
NOAH $150,000
North Shore CD Coalition $100,000
Nuestra Comunidad $60,000
Oak Hill CDC $150,000
Quaboag Valley CDC $150,000
SMOC $150,000
Somerville Community Corp. $150,000
South Boston NDC $100,000
Southwest Boston CDC $75,000
The Neighborhood Developers $150,000
Twin Cities CDC $150,000
Urban Edge $150,000
Valley CDC $100,000
Viet-AID $100,000
Watch CDC $75,000
WHALE $100,000
Worcester Common Ground $75,000
 
CSO Applicants 2nd Round Allocation
LISC $150,000
MACDC $150,000