Community Investment Tax Credit Program (CITC)

If you have at least $500 to contribute, consider becoming a CITC donor!

Donors who contribute at least $1`,000 to HCA can use the Community Investment Tax Credit (CITC) to get a 50% rebate on their gift when they file their state taxes in Massachusetts!

If you donate $5,000 you will get $2,500 back. If you donate $10,000, you will get $5,000 back. It’s that simple!

After you make your donation, you will be invited to complete a simple online form. Then you will receive a document that you submit when you file your state taxes. It’s a smooth process, but HCA staff can help along the way as needed.  Even if you don’t owe any taxes, you will receive the 50% rebate back from the Commonwealth of Massachusetts.

You can also still claim the donation on your federal taxes, as appropriate.

CITC is designed to make it easy for you to invest in your community.  In 2022, the Commonwealth of MA awarded HCA another $200,000 in credits. Your donations using HCA’s CITC creates and maintains new and existing affordable housing developments, supports families through our Homelessness Prevention Program, and provides other social services such as financial literacy, employment services and a computer lab.

Since the start of the CITC program in 2013, it has raised over $50 million for community development organizations in Massachusetts making positive change in their communities. You can be a part of that change!

CITC was created by Chapter 238 of the Acts of 2012.  It is managed by the Commonwealth’s Department of Housing and Community Development (DHCD).

If you are interested in learning more, please contact Erica Schwarz at ESchwarz@HousingCorpArlington.org or (781) 859-5294 x1.

You can also find information about CITC from the Massachusetts Association of CDCs.