Community Investment Tax Credit

The Community Investment Tax Credit

Help communities recover, Rebuild
and get a 50% state tax credit

This is the power of the Community Investment Tax Credit. It provides donors — individuals, companies, and foundations — a 50% state tax credit that fuels the work of more than 30 Community Development Corporations (CDCs) across Massachusetts.

Whether it is helping small businesses recover from the impact of Covid-19, stabilizing neighborhoods, or providing food or emergency financial assistance to individuals and families who have lost income, CDCs have responded to the health crisis and the economic repercussions that have reverberated throughout their communities.

The CITC helps CDCs to build the necessary internal capacity to add and expand their programs and services, increase their community engagement, and leverage additional public and private funding to do their work. Together, we can empower our communities to recover and rebuild, more equitable and resilient than ever.

How to give

The Community Investment Tax Credit (CITC) offers a 50% state tax credit for gifts of $1000 or more while fueling the work of more than 30 Community Development Corporations (CDCs) across the Commonwealth.

Gifts can be made by individuals, businesses or foundations to help lift the communities in greatest need. You can elect to support one or more specific CDC, or United Way’s Community Partnership Fund, which ensures your gift supports all participating CDCs.

To make a gift, please click below to give online:

Make a Gift via the CITC now!

Or you may send a personal check, noted ‘CITC’, made payable to United Way of Massachusetts Bay, Inc. to the following address: P.O. Box 412866, Boston, MA 02241-2866.

THE IMPACT

United Way is the lead fundraiser for the Community Investment Tax Credit, raising nearly $20 million to date to support critical community and economic development in Massachusetts.

Thanks to you, CDCs can make big things happen. Collectively, these organizations make a big difference in their communities across the Commonwealth.

In 2021 alone:

1,717 HOMES
Built or Preserved

$162 MILLION
Provided in Rental Assistance

6,744 JOB OPPORTUNITIES
Created or Preserved

3,416 ENTREPRENEURS
Received Technical Assistance

86,124 FAMILIES
Supported with Housing, Jobs, or Other Services

The following CDCs currently have credits in United Way’s Community Partnership Fund

Allston Brighton CDC
Asian CDC
CDC Southern Berkshire
Chinatown Community Land Trust
Coalition for a Better Acre
Community Economic Development Center
Codman Square Neighborhood Development Corp
Dorchester Bay EDC
Fenway CDC
Franklin County CDC
Groundwork Lawrence
Hilltown CDC
Housing Corporation of Arlington
Housing of Nantucket
Latino Support Network
Lawrence Community Works
Massachusetts Association of CDCs
Madison Park CDC
Main South CDC

NewVue Communities
Neighborhood of Affordable Housing (NOAH)
North Shore CDC
Nuestra Comunidad
One Holyoke
Quaboag CDC
Revitalize CDC
Somerville CDC
South Boston NDC
Southeast Asian Coalition of Central MA
Southwest Boston
The Neighborhood Developers
Valley CDC
Waltham Alliance to Create Housing (WATCH)
Way Finders
WellSpring Collaborative
Waterfront Historic Area League (WHALE)
Worcester Common Ground
Worcester Community Housing

TO LEARN MORE

For a one-page overview of the Community Investment Tax Credit (CITC), please click here.
To further explore how the CITC strengthens our neighborhoods in so many ways, please check out our Investment Dashboard.
To check out videos from a number of CDCs leveraging the CITC program, click here.

As we empower our communities to rebuild and recover from the COVID-19 crisis, we hope you’ll join us with a gift to United Way’s Community Partnership Fund in support of ALL participating CDCs best-positioned to help our communities.

Thanks for your interest in this growing movement across our Commonwealth.

For more information, please contact Jennifer Woods at jwoods@supportunitedway.org