The Town of Fairfield, through its Office of Community and Economic
Development, is again soliciting program proposals from municipal
agencies and community non-profit organizations for funding
consideration under the State’s Neighborhood Assistance Act (NAA)
This program allows businesses to claim a State tax
credit for cash contributions made to qualifying community programs
conducted by tax exempt or municipal agencies. The types of community
programs that qualify for the NAA tax credit program include, but are
not necessarily limited to: energy conservation; employment and
training; child care services; neighborhood assistance; substance abuse;
open space acquisition; crime prevention programs and affordable
housing development. The minimum contribution on which a tax credit may
be granted is $250, and the maximum contribution that any non-profit or
municipal entity can receive under this program is $150,000.
further information about the Neighborhood Assistance Act Program or to
receive an application packet, please contact the Office of Community
and Economic Development at (203) 256-3120 or go to the Connecticut
Department of Revenue Services (DRS) website at www.ct.gov/drs.
Businesses wishing to take advantage of this program in order to reduce
their State tax liability may also contact the Office of Community and
Economic Development for further information. All applications must be
received by close of business on April 28, 2014 in order to be considered.