2024 CITC Announcement

We are so excited to announce that ABCDC received our allocation of Community Investment Tax Credits (CITC) from the State of Massachusetts! CITC donations are pivotal in ensuring that ABCDC can continue our work towards creating a stronger, and more stable community. These donations allow our supporters to double the impact of their donations to support Allston Brighton.

“As more and more of our rehab projects get off the ground, the CITC program is instrumental in providing pivotal funding to support projects like our Hano Homes Deep Energy Retrofit,” said Executive Director, John Woods. “With over six development projects in our pipeline, ABCDC is on the precipice of creating and preserving nearly 200 units of deeply affordable apartments in Allston Brighton. Our supporters who care so much about this neighborhood can support this work, while also receiving the benefit of a 50% tax credit. We truly appreciate the support of everyone who has donated through this program in the past, and we are excited that we were allocated credits again this year!”

What is CITC?

The Community Investment Tax Program is designed to inspire giving to Community Development Corporations. CITC donations provide you with a 50% tax credit through the State of Massachusetts, even if you do not owe any income taxes. That means that you or your company can make a $1,000 impact on Allston Brighton CDC while only spending $500!

What does a CITC donation support?

A CITC Donation supports the development of high-quality affordable housing, first-time homebuyer education, resident services, and community engagement in Allston Brighton! Our CITC supporters enabled ABCDC to impact the lives of over 3,000 residents in 2023 and reach exciting milestones including;

Completing construction at The William (Bill) E. McGonagle Recovery House. These 14 units are now permanently affordable supportive housing units for extremely low-income individuals advancing through the addiction recovery process.
Purchasing the Hill Memorial Baptist Church site which will be the site of affordable elderly rental housing
Offered high-quality education and counseling to nearly 1,300 first-time homebuyers
Providing case management services and engaging on-site services to 460 residents at the All Bright Community Center.