2018 CITC Awards Announced
On Tuesday, April 3rd, Lieutenant Governor Karyn Polito announced $5.9 million in allocations to 46 CDCs through the Community Investment Tax Credit program. Over the program’s first four years, $34.5 million was raised for critical community development programs that directly benefit low- and moderate-income families across Massachusetts. These funds are helping CDCs to work with residents in their communities by providing vital affordable housing options, access to services and capital for aspiring entrepreneurs as well as programs and services to ensure that community residents can not only become stabilized, but thrive and benefit from our Commonwealth’s economy.
“The Community Investment Tax Credit Program is a unique tool to encourage private investment,” said Lieutenant Governor Karyn Polito. “From instituting new lead paint programming in Central Massachusetts, to bringing on a full-time community planner in Boston’s Chinatown, our CDCs have leveraged significant funding to bring impactful programming to communities across the Commonwealth.”
Commenting on the 2018 CITC allocation, MACDC’s President Joe Kriesberg said, “It is truly exciting to see what happens when banks, hospitals and individuals work together to make their communities a better place to live. Today, because of their collective belief and investment in their local community development corporations, millions of Massachusetts residents, regardless of their socio-economic status in life, will see demonstrative improvements to their neighborhoods and share in the benefits of Massachusetts’ success. For those unable to participate in the CITC for this year’s tax filing, be sure to visit the MACDC website to learn about how you can get involved next year.”
Below is the complete list of CDCs receiving 2018 CITC allocations:
ACT Lawrence: $50,000
Allston Brighton CDC: $150,000
Asian CDC: $150,000
CDC Southern Berkshire: $100,000
Coalition for a Better Acre: $70,000
Codman Square Neighborhood Development Corp.: $150,000
Community Development Partnership: $150,000
Community Teamwork: $119,465
Dorchester Bay Economic Development Corp.: $150,000
Fenway CDC: $150,000
Franklin County CDC: $150,000
Harborlight Community Partners: $150,000
Hilltown CDC: $150,000
Housing Assistance Corp. Cape Cod: $150,000
Housing Corp. of Arlington: $150,000
Housing Nantucket: $150,000
Housing Solutions Southeastern MA: $70,000
IBA: $100,000
Island Housing Trust: $150,000
JPNDC: $150,000
Just-A-Start: $125,000
Lawrence CommunityWorks: $150,000
Lena Park: $50,000
LISC Boston: $119,465
MACDC: $150,000
Madison Park CDC: $150,000
Main South CDC: $125,000
Metro West CDC: $61,605
Mill Cities: $50,000
NeighborWorks Southern MA: $119,465
NewVue Communities: $150,000
NOAH: $150,000
North Shore CDC: $119,465
Nuestra Comunidad: $150,000
Oak Hill CDC: $119,465
Quaboag CDC: $119,465
SMOC: $150,000
Somerville CDC: $150,000
South Boston Neighborhood Development Corp.: $61,605
Southwest Boston CDC: $50,000
Springfield NHS: $50,000
The Neighborhood Developers: $150,000
Urban Edge: $150,000
Valley CDC: $150,000
WATCH: $150,000
Way Finders: $150,000
WHALE: $150,000
Worcester Common Ground: $50,000