Neighborhood Assistance, Special Program Priorities (NAP/SPP)
Tax credit program to encourage businesses to invest in projects which improve distressed areas.
The webinar held on October 21, 2011 to review the 2011 NAP and NAP/SPP Guidelines and Program Measures Report can be found here.
- NAP Application for Tax Credit 9-08
- NAP Application to Sell or Assign Tax Credits 9-08
- NAP Community Measures Report
- NAP Grant Close Out Report
- FAQ Document
A project must serve distressed areas or support neighborhood conservation. Projects must fall under one of the following categories:
- Flood/disaster recovery efforts related to Hurricane Irene/Tropical Storm Lee
- Integrated weatherization and housing rehabilitation
- Preventing mortgage foreclosure
- Reduction of blight and abandoned properties
- Encouraging diversity within communities
- Marcellus Shale-related projects
- Refer to guidelines for specific priorities.
Tax credit equals 75 percent of approved project. Total tax credit is limited to $500,000 annually. Refer to guidelines.
For use by non-profit organizations for fundraising campaigns. Refer to the guidelines.
How to Apply