Valley CDC relies on local participation, control and ownership to help improve the quality of life for the residents of Amherst, Easthampton, Hadley, and Northampton. As a community-based organization we rely on people with a stake in our towns, either as residents, or business owners or employees, to help determine, support and sustain our efforts.
You can also print and complete our Membership Form and mail it along with your check to Valley CDC, 30 Market Street, Northampton MA 01060.
Community Investment Tax Credit (CITC)
The CITC provides a 50% state tax credit for donations to qualified CDCs. It’s designed to leverage private contributions in order to support a broad array of community development efforts as determined by the local community.
If the donor does not have sufficient tax liability, the credit is refundable, whereby the Commonwealth will issue a check for the balance of the credit to the donor. The maximum donation each year of the program is $2 million per tax paying entity. The minimum donation each year is $1,000.
You can read more about the CITC and our Community Investment Plan here.
- Considerable Tax Savings
- Individuals and Corporations can take advantage of tax credit
- Excess tax credit is refundable