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Community Investment Tax Credit
Community Investment Tax CreditSally Swenson2020-09-11T15:59:54-04:00
Get $500 back for every $1,000
you invest in JPNDC… and help Boston families build prosperity.
The Community Investment Tax Credit program was created
by the Massachusetts State Legislature to make your charitable contributions go farther when you donate for
Our 2020 CITC campaign is open!
Of our awarded $200,000 in tax credits, we have $129,000 remaining.
Percentage of JPNDC’s 2020 tax credits committed as of 9/10/20
What is the CITC?
A program passed by the legislature in 2012 as part of a larger bill to promote economic growth in Massachusetts
The goal of the CITC, according to the statute creating it, is to help community development corporations “improve economic opportunities for low- and moderate-income households and other residents in urban, rural and suburban communities across the Commonwealth.”
JPNDC is certified by the Mass. Dept of Housing & Community Development to participate in the CITC program and has one of the largest pools of tax credits to distribute