NEIGHBORHOOD ASSISTANCE ACT TAX CREDIT PROGRAM

NEIGHBORHOOD ASSISTANCE ACT TAX CREDIT PROGRAM

Applications for the Connecticut Neighborhood Assistance Act Tax Credit Program for 2024 are available online at the State of Connecticut Department of Revenue Services at portal.ct.gov/DRS.

The Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program is designed to provide funding for municipal and tax exempt organizations by providing a corporation business tax credit for businesses who make cash contributions to these entities.

The programs, which must be proposed and conducted by private non-profit agencies or municipalities, must be approved by the municipality in which they are to be carried out and by the State of Connecticut.

If your organization is interested in participating in the program, please complete the application, Form NAA-01, and submit to the First Selectman’s Office, Town of North Haven, 18 Church Street, North Haven, CT 06473 or email to goodkin.valerie@northhaven-ct.gov by close of business May 24, 2024. Any application that is incomplete or received after the deadline will not be considered. Applications will be reviewed for completeness and forwarded to the Board of Selectmen for public hearing/town meeting and approval. Applications will then be forwarded to the Department of Revenue Services for their approval. The Department of Revenue Services will provide the Town with a list of approved applications.

If you would like more information on the program, you may visit the Connecticut Department of Revenue Services website, www.ct.gov/DRS, or contact them at 860-297-5687.