Community Investment Tax Credit Program
Valley Community Development has the opportunity to raise over $400,000 during calendar year 2018 through CITC, where donations of at least $1,000 receive a 50% Massachusetts tax credit; the credit is also a refundable credit. We currently have approximately $125,000 in available credits through December 31, 2018. Click here for an example.
These funds create affordable housing; provide first time homebuyers and existing homeowners with financial education, individual counseling, and foreclosure prevention; and support small businesses and entrepreneurs.