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
2014-07-28
The deadline for the second round of 2014 Housing & Public Facilities grant applications
2014-07-31
Tax credit grantees must submit their 12 month reports on GMS by close of business today.
2014-08-13
This workshop for new Tax Credit awardees will discuss logistics and marketing of tax credits
2014-10-31
The deadline for the second round of CDBG Planning Grants