Neighborhood Assistance Program (NAP)
Tax credit program to encourage businesses to invest in projects which improve distressed areas.
WEBINAR -
The webinar held on October 21, 2011 to review the 2011 NAP and NAP/SPP Guidelines and Program Measures Report can be found here.
FORMS -
NAP Application for Tax Credit 9-08
NAP Application to Sell or Assign Tax Credits 9-08
Guidelines
Uses
A project must serve distressed areas or support neighborhood conservation. Projects must fall under one of the following categories: affordable housing programs, community services, crime prevention, education, job training or neighborhood assistance.
Funding
Tax credits equal 55 percent of project.
Eligibility
Neighborhood Organization
Terms
For use by non-profit organizations for fundraising campaigns. Refer to the guidelines.