Community Investment Tax Credit

The Community Investment Tax Credit

 Help communities recover, create housing 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 (CDC’s) 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 respond to the health crisis and the economic repercussions that reverberate 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 for the CITC, made payable to United Way of Massachusetts Bay, Inc. at the following address: P.O. Box 412866, Boston, MA 02205-1381.

THE IMPACT 

United Way is the lead fundraiser for the Community Investment Tax Credit, raising more than $12 million to date from more than 580 generous donors. Thanks to you, CDCs can make big things happen.  

In 2019 alone: 

1,543 HOMES
Built or Preserved

4,162 JOB
Opportunities Created or Preserved

1,256 ENTREPRENEURS
Received Technical Assistance

70,016 FAMILIES
Supported with Housing, Jobs, or Other Services

1,724 LEADERS
Engaged

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

Allston Brighton CDC
Asian CDC
Coalition for a Better Acre, Inc.
Codman Square NDC
CDC of Southern Berkshire
Dorchester Bay EDC
Dudley Neighbors, Inc.
Fenway CDC
Franklin County CDC
Hilltown CDC
Housing Nantucket
Jamaica Plain NDC
Lawrence Community Works
Lena Park CDC
Madison Park CDC
Main South CDC

Metro West CDC
Mill Cities Community Investments
Neighborhood of Affordable Housing
NeighborWorks Southern MA
New Vue Communities
North Shore CDC
Nuestra Comunidad
Quaboag Valley CDC
Valley CDC
Vietnamese American Initiative for Development
Waltham Alliance to Create Housing (WATCH)
Waterfront Historic Area League (WHALE)
Worcester Common Ground
Worcester Community Housing Resources, Inc.
Worcester East Side CDC

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 Susan Dickason at 617-624-8243 or sdickason@unitedwaymassbay.org.