DHCD announces $7.7 million in CITC allocations to 46 CDCs and two Community Support Organizations
In April, DHCD announced $7.7 million in allocations to 46 CDCs and two Community Support Organizations (MACDC and LISC Boston) through the Community Investment Tax Credit (CITC) Program. (See table below for list of organizations and amounts allocated)
In the program’s first six years, over $55 million was raised for community development programs across Massachusetts. These funds are helping CDCs to work with residents in their communities by providing vital affordable housing options, access to services for families, and support for aspiring entrepreneurs, as well as programs to help ensure that community residents can not only become stabilized, but also thrive and benefit from our Commonwealth’s economy.
Commenting on the 2020 CITC allocation, John Fitterer, MACDC’s Director of Operations, said, “the CITC program is very important to the community development movement in Massachusetts because it’s helping drive support into neighborhoods and town across the Commonwealth. As we navigate the COVID-19 crisis, support for the field is even more critical than before. The CITC program will help ensure that communities have access to the resources they need.”
Organization | Credits Allocated |
Allston Brighton CDC | $125,000 |
Asian CDC | $200,000 |
CDC Southern Berkshire | $150,000 |
Coalition for a Better Acre | $75,000 |
Codman Square NDC | $200,000 |
Community Development Partnership | $200,000 |
Community Teamwork | $150,000 |
Dorchester Bay EDC | $120,000 |
Fenway CDC | $200,000 |
Franklin County CDC | $200,000 |
Groundwork Lawrence | $175,000 |
Harborlight Community Partners | $200,000 |
Hilltown CDC | $200,000 |
Housing Assistance Corp. Cape Cod | $200,000 |
Housing Corp. of Arlington | $125,000 |
Housing Nantucket | $175,000 |
IBA | $200,000 |
Island Housing Trust | $200,000 |
JPNDC | $200,000 |
Just-A-Start | $150,000 |
Lawrence Community Works | $200,000 |
Lena Park | $100,000 |
LISC Boston | $200,000 |
MACDC | $200,000 |
Madison Park CDC | $200,000 |
Main South CDC | $150,000 |
Metro West CDC | $60,000 |
Neigborworks Housing Solutions | $125,000 |
New Vue | $200,000 |
NOAH | $200,000 |
North Shore CDC | $125,000 |
Nuestra Comunidad | $200,000 |
One Holyoke | $100,000 |
Quaboag CDC | $125,000 |
Revitalize CDC | $200,000 |
SMOC | $200,000 |
Somerville CDC | $150,000 |
The Neighborhood Developers | $200,000 |
Urban Edge | $150,000 |
Valley CDC | $150,000 |
VietAid | $50,000 |
WATCH | $125,000 |
Way Finders | $175,000 |
WellSpring | $100,000 |
WHALE | $200,000 |
Worcester Common Ground | $125,000 |
Worcester Community Housing | $150,000 |
Worcester East Side | $100,000 |
Total | $7,705,000 |