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Business Donations Tax Advantage
Neighborhood Assistance Tax Credit Program
Any business or industry subject to the Pennsylvania corporate net income tax, etc. may receive a 50% tax credit on eligible contributions to approved NAP programs.
The NAP is not a grant program, but an "incentive" program that provides tax credits
to corporations that make contributions to or administer approved programs.
The overall objective of the NAP is to help improve distressed neighborhoods and communities through the creation of an effective partnership between community-based organizations and the business and corporate community.
Eligible NAP Activities must serve clients who are low income (150% of federal poverty guidelines) and must be in aid for the physical improvement of any part of an impoverished area.
How to Participate
Habitat, as a nonprofit 501c3 neighborhood organization, submits an application for approval of eligibility of a specific home building project to the Secretary of the PA Department of Community and Economic Development. Once the program is approved by the department, business donations are eligible for a 50% tax credit of the amount of the contribution.
For details, contact the Habitat Lehigh Valley Development Department at 610 776-7737.
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