Neighborhood Assistance Act Program
The Neighborhood Assistance Act (NAA) is a State program administered by the Department of Revenue Services that allows businesses to claim a State corporate 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. There are no Town funds involved in the program, and participation in the NAA program does not guarantee receipt of any funding.
For further information about the Neighborhood Assistance Act Program, please contact the Office of Community & Economic Development at (203) 256-3120 or go to the DRS website at www.ct.gov/drs. If you would like to be added to the mailing list to receive updates regarding the Town’s participation in the Neighborhood Assistance Act program, go here.
Click here for summary of applications received.