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. 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 more than $18.4 million to date from more than 650 generous donors. Thanks to you, CDCs can make big things happen.  

In 2020 alone: 

1,043 HOMES
Built or Preserved

4,054 JOBS
Created or Preserved

2,607 ENTREPRENEURS
Received Technical Assistance

63,359 FAMILIES
Supported with Housing, Jobs, or Other Services

1,586 COMMUNITY LEADERS
Engaged

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

ACEDONE
Allston Brighton CDC
Asian CDC
CDC Southern Berkshire
CEDC
Chinatown
CLT
Codman Square
NDC
Dorchester Bay EDC
Downtown Taunton
Dudley Neighbors
Fenway CDC
Groundwork Lawrence
Harborlight
IBA
Just-a-Start
Lawrence Community Works
MACDC
Madison Park CDC
Main South CDC
NeighborWorks Southern MA

New Vue
NOAH
North Shore CDC
One Holyoke
Quaboag CDC
Revitalize CDC
Somerville CDC
South Boston NDC
Southeast Asian Coalition
Southwest Boston
The Neighborhood Developers
Valley CDC
WATCH
Way Finders
WellSpring Cooperative
WHALE
Worcester Common Ground
Worcester Community Housing
Worcester East Side

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 Taloria Cofield at tcofield@supportunitedway.org