Tax Credit Program

CDFA's Tax Credit program stimulates private investment in community development projectsOur most popular financial offering, the Tax Credit Program brings together worthy nonprofit projects and conscientious businesses to foster community development. Put another way, it lets businesses vote with their dollars about which programs mean the most to them and their communities.

Also known as the Community Development Investment Program (CDIP), CDFA gives a 75% state tax credit against a donation made to any approved project. The tax credit may be applied against the New Hampshire business profits tax, business enterprise tax, and/or the insurance premium tax. The donation also may be eligible for treatment as a state and federal charitable contribution. In most cases, businesses only pay about 11 cents on the dollar for their contribution.

Sounds interesting, right? Dig into the details by going here.

CDFA Events
2014-09-08
Changes and additions to the 2015 Action Plan will be discussed at this public hearing.
2014-09-09
The CDFA Board of Directors will hold its annual meeting. The Community Development Advisory Committee will be in attendance, though no business will be conducted.
2014-09-18
The Community Development Advisory Committee will discuss the latest CDBG applications
2014-10-14
The CDFA Board of Directors will hold its monthly meeting
2014-10-16
The Community Development Advisory Committee will discuss the second round of housing and public facility applications