We have some exciting news! The Massachusetts Association of Community Development Corporation (MACDC) just announced awards through the 2019 CITC program. We were awarded $200,000 in credits this year which is an increase of $50,000! This gives us the opportunity to gain even more support for our programs and build a stronger and more stable neighborhood.
If you don’t know about the Community Investment Tax Credit (CITC) program, it’s simple. If you make a donation of $1,000 or more to the ABCDC, you will get a 50% tax credit. That means that you or your organization can make a $1,000 impact on the ABCDC while only spending $500!
Here’s a snapshot of the impact that our past CITC investors helped create last year:
- More than 100 residents attended our Homebuying 101 classes and learned more about the homebuying process
- 25 residents received financial counseling to and set attainable financial goals and plan for the future
- Over 200 residents received case management services and referrals from our Resident Services Team including food/ nutrition assistance, financial counseling, child care, ESOL classes, technology assistance, and more!
- 19 residents attended our Leadership Development Academy to enhance their skills and better advocate for their needs in the community
- Over 300 community members attended our Article 80 Workshop in-person and online to better understand the development process in Boston
- ABCDC acquired a 33-unit co-op building in on Carol Avenue in Brighton allowing us to grow and preserve our portfolio of affordable homes
- Just 500 units isn’t enough – we advocate for and seek to increase affordable rental housing and homeownership in the area, so our neighbors can stay in the community they love.
We have already worked to expand our programs this year. To date, 200 first-time homebuyers have graduates from our Homebuying 101 class, over 100 residents have already attended activities at our Community Center, and our Real Estate Development team has been working to secure more units of affordable housing, including working on repurposing the current Hill Memorial Baptist Church site.
We will continue growing our programs and improving the quality of life for people across Allston Brighton. CITC allows you to create more change in the neighborhood that we care for deeply!
If you want more information about the program, contact Sean Tatar our Resource Development and Communications Manager. Credits are limited so don’t delay!