DHCD announces $7.7 million in CITC allocations to 46 CDCs and two Community Support Organizations

DHCD announces $7.7 million in CITC allocations to 46 CDCs and two Community Support Organizations

May 2020
Anonymous

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