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
This workshop will walk potential CDBG recipients through the process applying for an award.
The Board of Directors of CDFA will hold its monthly meeting
Grantees of Community Development Block Grants must submit their semi-annual reports to CDFA through GMS this day.
Applications for the first round of CDBG awards are due this day.
One of two workshops offered, we'll discuss how to apply for CDFA tax credits in 2016.