Neighborhood Assistance Program
The Neighborhood Assistance Program (NAP) offers $2.5 million in tax credits annually for distribution by not-for-profit corporations. Organizations use NAP tax credits as an incentive to help them leverage more contributions from individuals and businesses for certain neighborhood-based programs and projects.
Eligible projects include affordable housing, counseling, child-care, educational assistance, emergency assistance, job training, medical care, recreational facilities, downtown rehabilitation, and neighborhood commercial revitalization. All projects must benefit economically disadvantaged areas and/or persons.
The NAP program follows the state fiscal year from July 1 to June 30. The maximum tax credit award per organization per fiscal year is $50,000.00. Tax credits are distributed to donors at 50% of the contribution amount and are subtracted from a donor's state income tax liability. Indiana Code 6-3.1-9 established the NAP program.
Want to learn more about the tax credits for your non-profit?Please contact the Community Development Representative in your area to learn about the NAP Credit program and the technical aspects of submitting an application. Please review the document below to locate your representative and their contact information.
- 2008-2009 Funding Report
- Reporting Documents
- 2008-2009 Award Recipients
- 2008-2009 NAP Application Policy
- 2008-2009 NAP Application Forms
- NAP Award Training
Click here for the Community Development Representatives list.
NAP Award Trainings
IHCDA requires that all applicants attend one award training session if awarded NAP credits. Pre-Registration is required.
Webinar - Friday, July 11th, 2008 (1:00 PM - 3:00 PM) EST Click Here to Register
Workshop at IHCDA Offices - Tuesday, July 15th, 2008 (1:00pm -3:00pm EST) - 30 South Meridian Street, Suite 1000, Indianapolis - Contact Kelli Barker or call 317-233-4611 to register.
Webinar - Wednesday, July 16th, 2008 (1:00 PM - 3:00 PM) EST Click Here to Register
- What criteria must I meet to qualify for your (IHCDA) programs?
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