We believe in the possibility of our communities to be vibrant, abundant, prosperous, healthy, and equitable. The Community Investment Tax Credit (CITC) can help achieve our vision for the Commonwealth. The CITC provides donors—whether individuals, companies, or foundations— a 50% state tax credit on the gift amount that fuels the work of more than 30 Community Development Corporations (CDCs) across Massachusetts. CDCs make big things happen with your support. Collectively, these organizations make a big difference in their communities across the state. Contributions like yours to the CITC through United Way have generated nearly $21.4 million to date to support critical community and economic development in Massachusetts. Whether it is incubating small businesses, stabilizing neighborhoods with affordable housing, or lifting community voices to advocate for change, CDCs are powerful economic engines across the Commonwealth. The CITC has also helped CDCs to build the necessary internal capacity to add and expand their programs and services, increase their community engagement, and catalyze nearly $3.2 billion in additional public and private funding to do their work. Every one of us has the potential to make a difference. Join us and invest in the Community Investment Tax Credit to create lasting, transformative change.
THE IMPACT IN past 3 Years
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