Fairfield Joins State Neighborhood Assistance Act Program

FAIRFIELD, Conn. -- The town of Fairfield is again soliciting program proposals from municipal agencies and community nonprofit organizations for funding consideration under the state’s Neighborhood Assistance Act (NAA) program, First Selectman Mike Tetreau announced.

Mark Barnhart, director of the town's Community and Economic Development, which is overseeing the request for assistance through the NAA.
Photo Credit: *Contributed*

Daily Voice

04/07/2015 10:00 p.m.

The request is made through the town's Office of Community and Economic Development,

This program allows businesses to claim a state tax credit for cash contributions made to qualifying community programs conducted by tax-exempt or municipal agencies.

The types of community programs that qualify for the NAA tax credit program include, but are not necessarily limited to: energy conservation; employment and training; child-care services; neighborhood assistance; substance abuse; open space acquisition; crime prevention programs and affordable housing development.

The minimum contribution on which a tax credit may be granted is $250, and the maximum contribution that any nonprofit or municipal entity can receive under this program is $150,000.

For further information about the Neighborhood Assistance Act Program or to receive an application packet, contact the Office of Community and Economic Development at 203-256-3120 or go to the state Department of Revenue Services website at www.ct.gov/drs.

Businesses wishing to take advantage of this program in order to reduce their state tax liability may also contact the office for further information. All applications must be received by close of business on April 27 in order to be considered.

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